TechFlow, November 14 — According to Cointelegraph, Kraken's co-CEO Arjun Sethi said that despite a more favorable regulatory environment and improved market conditions, the cryptocurrency exchange does not feel rushed to pursue an initial public offering (IPO) in the United States.
"We are in strong financial health and know how to manage risk. As a private company, we have sufficient capital on our balance sheet and see no urgency to go public," Sethi told Yahoo Finance. He emphasized that Kraken will not succumb to "fear of missing out" just because other firms are going public.
Rumors about Kraken's potential public listing have circulated since mid-2024. Bloomberg reported in March that the company could launch its IPO as early as the first quarter of 2026.
