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In the interview with Bloomberg, Powell noted that Kraken currently has “no reason” to raise new capital. The CEO, however, pointed out that the company may seek to accelerate its acquisitions.
The founder and CEO of US-based cryptocurrency exchange Kraken Jesse Powell said that the company may file for an initial public offering (IPO) in the coming year. Although Powell said the listing may come “sometime next year,” the CEO added that there are “no guarantees.”
Kraken CEO Says Company May File for IPO in 2022
Kraken CEO talked about the company’s potential IPO during an interview on Bloomberg TV on March 3rd. In response to whether he would take Kraken public at a $10 billion valuation, Powell answered: