Kraken News: Crypto Exchange Seeking $1 Billion in Debt Ahead of Potential 2026 IPO

In a major financial move, Kraken, a prominent cryptocurrency exchange platform, is reportedly in talks with Goldman Sachs and JPMorgan Chase to raise $1 billion in debt. This fundraising effort is part of a broader strategy to prepare for a potential IPO as early as 2026.

Kraken Seeking $1 Billion Before Potential IPO

Kraken, a major crypto exchange platform, is actively preparing for its financial future. According to Bloomberg, Kraken is in negotiations with Goldman Sachs and JPMorgan Chase to raise one billion dollars in debt. This fundraising is part of a broader strategy aimed at preparing for an IPO expected as early as the beginning of 2026. The negotiations are currently at a preliminary stage, as per the American media.

Kraken Considers $1 Billion Debt Raise Ahead Of Potential IPO

Cryptocurrency exchange Kraken is exploring the possibility of raising up to $1 billion in debt as it prepares for a potential initial public offering (IPO), according to a Bloomberg report citing anonymous sources. The fundraising effort is still in early stages, with Kraken working alongside banking giants Goldman Sachs and JPMorgan Chase. The two firms have begun reaching out to other banks and direct lenders to gauge interest. While the target amount is $1 billion, one source noted that the raise could be significantly smaller, potentially as low as $200 million. The debt funding is intended to support Kraken’s growth strategy rather than cover operational costs. The company is also considering a possible equity raise.