Kraken Files Confidential Draft S-1 as IPO Plans Advance

TLDR: Kraken filed a confidential draft S-1 with the SEC, marking its first formal step toward a potential IPO. The exchange will reveal share count and pricing only after the SEC completes its initial review. Kraken strengthened its market position through major funding rounds reported by Blockonomi. New capital and rising revenue support Kraken’s expansion [...]

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