Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    U.S. Treasury officially removes IRS controversial Biden-era on DeFi

    July 10, 2025

    2 cryptos with 9,000% upside like Ethereum at $8

    July 10, 2025

    Bitcoin breaks ATH again, Dow Jones gains 200 points as Trump threatens new tariffs

    July 10, 2025
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    You are at:Home » Kraken exploring $1b debt raise ahead of potential 2026 IPO: report
    Crypto

    Kraken exploring $1b debt raise ahead of potential 2026 IPO: report

    James WilsonBy James WilsonMarch 24, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    ​Kraken is reportedly exploring the possibility of raising up to $1 billion in debt financing ahead of a potential initial public offering.

    The company is collaborating with financial giants Goldman Sachs Group Inc. and JPMorgan Chase & Co. to assess this strategic move, according to Bloomberg reporting. The proposed debt raise, which could be as low as $200 million, is intended to fuel Kraken’s growth initiatives rather than cover operational expenses.​

    In addition to the debt financing, Kraken is contemplating an equity raise, though no final decisions have been made, and the terms may evolve. 

    Founded in 2011, Kraken has experienced significant growth, reporting a 128% increase in revenue to $1.5 billion in 2024, with adjusted earnings before interest, taxes, depreciation, and amortization of $380 million. 

    The platform serves over 10 million users across more than 190 countries, processing quarterly trading volumes exceeding $207 billion.​

    Kraken’s IPO

    Kraken’s IPO ambitions have been bolstered by a more favorable regulatory environment under President Donald Trump. The company aims to go public as early as the first quarter of 2026. 

    This optimism follows the recent dismissal of a Securities and Exchange Commission lawsuit against Kraken, which had accused the exchange of operating as an unregistered securities broker. The SEC’s decision to drop the case has cleared a significant hurdle for Kraken’s public listing plans.​

    In a strategic move to diversify its offerings, Kraken agreed last week to acquire NinjaTrader, a U.S.-based retail futures trading platform, for $1.5 billion.

    This acquisition is set to enhance Kraken’s capabilities in offering crypto futures and derivatives in the U.S. market, aligning with its broader goals of entering equities trading and payment sectors.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThis token could be an affordable Solana alternative for those who missed the last bull run
    Next Article Chainlink price could surge to $25 as a rare bullish pattern forms
    James Wilson

    Related Posts

    U.S. Treasury officially removes IRS controversial Biden-era on DeFi

    July 10, 2025

    2 cryptos with 9,000% upside like Ethereum at $8

    July 10, 2025

    Bitcoin breaks ATH again, Dow Jones gains 200 points as Trump threatens new tariffs

    July 10, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Remittix (RTX) hits $4m presale as XRP holders take notice

    February 4, 2025

    Here’s why OKB price spiked 20% today

    February 4, 2025

    iDEGEN price prediction: Is this the AI agent token to buy?

    February 4, 2025

    Gate.io to list CYBRO token on Dec 14 after $7M presale success

    February 4, 2025
    Don't Miss

    U.S. Treasury officially removes IRS controversial Biden-era on DeFi

    By James WilsonJuly 10, 2025

    DeFi platforms secured a major win in compliance after the U.S. Treasury officially removed the…

    2 cryptos with 9,000% upside like Ethereum at $8

    July 10, 2025

    Bitcoin breaks ATH again, Dow Jones gains 200 points as Trump threatens new tariffs

    July 10, 2025

    EASE AutoTasks strips smart contracts deployment down to a button press

    July 10, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    U.S. Treasury officially removes IRS controversial Biden-era on DeFi

    July 10, 2025

    2 cryptos with 9,000% upside like Ethereum at $8

    July 10, 2025

    Bitcoin breaks ATH again, Dow Jones gains 200 points as Trump threatens new tariffs

    July 10, 2025
    Lithosphere News Releases

    Colle AI’s iOS App Launch Brings Multichain NFT Creation to Mobile

    February 4, 2025

    AGII Transforms Web3 Infrastructure with AI-Optimized Smart Contracts

    February 4, 2025

    Colle AI (COLLE) Allocates $250M for AI Tool Development and Liquidity Growth on Solana

    February 4, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.