Kraken Prepares for IPO with $1 Billion Debt Raise

TL;DR Kraken is preparing for an IPO, potentially launching as early as Q1 2026, following a significant legal victory and strong financial performance. The exchange plans to raise $1 billion in debt, collaborating with financial powerhouses Goldman Sachs and JPMorgan Chase to bolster its financial position. With over $1. 5 billion in 2024 revenue, Kraken aims. . . source: https://crypto-economy.com/kraken-prepares-for-ipo-with-1-billion-debt-raise/