Kraken News: Cryptocurrency Exchange Prepares for Potential 2026 IPO Amid Favorable Regulatory Climate
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Kraken, a prominent cryptocurrency exchange, is reportedly considering an initial public offering (IPO) as early as the first quarter of 2026. Here’s what you need to know about this potential move and its implications for the crypto market.
Kraken Mulls 2026 IPO: Bloomberg
Cryptocurrency exchange Kraken is preparing for an initial public offering (IPO) as early as the first quarter of 2026, taking advantage of a more favorable regulatory climate under President Donald Trump. Kraken’s IPO plans are not yet final and could change in the coming months. The company remains committed to transparency, citing its history as one of the first exchanges to publish proof-of-reserves. Kraken disclosed 2024 financial highlights to enhance transparency and will pursue public markets as it makes sense for clients, partners, and shareholders. However, Kraken’s IPO plans were previously stalled by Biden-Era regulatory hurdles.
Bitcoin Price Dives Once More—Is a Deeper Correction Underway?
Bitcoin price started a fresh decline from the $92,000 zone and is now below $85,500. It is trading below the $85,000 and the 100 hourly Simple Moving Average (SMA). A short-term bearish trend line is forming with resistance at $83,200 on the hourly chart. The price could continue to move down below $80,000 if it fails to clear this resistance zone. A low was formed at $80,006, and the price recently started a recovery wave above $80,500 and $81,200.