Kraken gears up for Wall Street.
By Maxime Laurent · 2025-09-26 08:34
Kraken gears up for Wall Street.
The exchange just closed a $500M funding round, hitting a $15B valuation ahead of its IPO.
This feels like déjà vu of the $COIN listing back in 2021 — but Kraken has always had its own style. Less hype, more hardcore crypto ethos. To see them now raising half a billion before going public tells me two things: big institutions still want a piece of exchanges, and Kraken is serious about stepping onto the big stage.
For me, there’s always a tension here. On one side, an IPO means more legitimacy, transparency, and firepower for growth. On the other, it means dancing to Wall Street’s tune — quarterly reports, regulators breathing down your neck, and less of that rebellious Kraken vibe we’ve known for years.
But let’s be honest: a $15B valuation in this market climate? That’s bullish. It shows traditional money still sees crypto exchanges not as a fad, but as financial infrastructure of the future. If $BTC ETFs opened the doors, a Kraken IPO could blow them wide open. 🚀
Will it be another $COIN moment with wild volatility post-listing? Probablement. But I’ll be watching closely — because this IPO won’t just be about one company, it’s about crypto taking another seat at the Wall Street table.
#Kraken #IPO #BTC #Exchanges #CryptoMarkets
The exchange just closed a $500M funding round, hitting a $15B valuation ahead of its IPO.
This feels like déjà vu of the $COIN listing back in 2021 — but Kraken has always had its own style. Less hype, more hardcore crypto ethos. To see them now raising half a billion before going public tells me two things: big institutions still want a piece of exchanges, and Kraken is serious about stepping onto the big stage.
For me, there’s always a tension here. On one side, an IPO means more legitimacy, transparency, and firepower for growth. On the other, it means dancing to Wall Street’s tune — quarterly reports, regulators breathing down your neck, and less of that rebellious Kraken vibe we’ve known for years.
But let’s be honest: a $15B valuation in this market climate? That’s bullish. It shows traditional money still sees crypto exchanges not as a fad, but as financial infrastructure of the future. If $BTC ETFs opened the doors, a Kraken IPO could blow them wide open. 🚀
Will it be another $COIN moment with wild volatility post-listing? Probablement. But I’ll be watching closely — because this IPO won’t just be about one company, it’s about crypto taking another seat at the Wall Street table.
#Kraken #IPO #BTC #Exchanges #CryptoMarkets
Disclaimer: This content is for informational purposes only and not financial advice.