{"id":16253,"date":"2025-11-19T17:38:18","date_gmt":"2025-11-19T17:38:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/kraken-joins-crypto-ipo-wave-despite-sector-volatility\/"},"modified":"2025-11-19T17:38:23","modified_gmt":"2025-11-19T17:38:23","slug":"kraken-joins-crypto-ipo-wave-despite-sector-volatility","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/kraken-joins-crypto-ipo-wave-despite-sector-volatility\/","title":{"rendered":"Kraken joins crypto IPO wave despite sector volatility"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Kraken has taken the first step toward becoming a public company and is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC).<\/p>\n<div id=\"cn-block-summary-block_ec0652b9333a9201f8d3f2223efdca58\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Payward, the parent company behind Kraken, filed for an IPO<\/li>\n<li>Kraken did not determine the number of shares and their price<\/li>\n<li>Crypto firms are experiencing a real IPO boom<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Even as volatility grips digital assets, crypto exchanges are seeking investment. On November 19, Kraken disclosed that it had confidentially filed for an initial public offering (IPO). Namely, Payward, Kraken\u2019s parent company, filed the Form S-1 with the SEC related to its IPO.<\/p>\n<p>The IPO would enable Kraken to list its shares on the public market, making them accessible to a wide range of investors. The Wyoming-based company will have to wait for the SEC\u2019s approval to go public. What is more, Kraken\u2019s parent firm stated that it had not yet determined the IPO price and the number of shares it wants to offer. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe number of shares to be offered and the price range for the proposed offering have not yet been determined,\u201d Kraken <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20251119982890\/en\/Kraken-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-a-Proposed-Initial-Public-Offering\" target=\"_blank\" rel=\"nofollow\">wrote<\/a> in a press release. The firm added that the \u201cinitial public offering is expected to occur after the SEC completes its review process, subject to market and other conditions.\u201d <\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Kraken follows the IPO boom<\/h2>\n<p>This news comes after Kraken secured $800 million in two funding rounds, increasing its valuation to $20 billion.<\/p>\n<p>Kraken is the latest crypto firm to pursue a public listing. In November, Grayscale Investments filed with the SEC to be listed on the New York Stock Exchange.<\/p>\n<p>Several major crypto firms, including Circle, Gemini, Bullish, and Figure Technologies have already completed their IPOs. <\/p>\n<p>In particular, Circle\u2019s IPO attracted significant attention, with the company posting 120% gains in its first day of trading.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kraken has taken the first step toward becoming a public company and is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC). Summary Payward, the parent company behind&hellip;<\/p>\n","protected":false},"author":1,"featured_media":232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=16253"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16253\/revisions"}],"predecessor-version":[{"id":16254,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16253\/revisions\/16254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/232"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}