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Time now: Jun 1, 12:00 AM

Crypto exchange Kraken confidentially files for US IPO

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Crypto exchange Kraken ​said on Wednesday ‌it has confidentially filed for ‌an initial public offering in the United States.

Digital asset companies, ⁠including stablecoin ‌issuer Circle and crypto exchange Gemini,‍ have seen renewed success in going public in ​the U.S. ‌this year.

Kraken said on Tuesday it was valued at $20 billion in its latest fundraising,⁠ a 33%​ increase ​in under two months.

The company did not ‍reveal ⁠the terms of the offering.

This article has been published in yahoo.com via Yahoo News.

 
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