Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Kraken Explores Pre-IPO Funding Round: Bloomberg
ADOPTION NEWS

Kraken Explores Pre-IPO Funding Round: Bloomberg

By Crypto FlexsJune 6, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Kraken Explores Pre-IPO Funding Round: Bloomberg
Share
Facebook Twitter LinkedIn Pinterest Email
Exchange • June 6, 2024 2:56 PM EDT

Posted 1 minute ago In ~

Updated: June 6, 2024, 3:06 PM EDT

Kraken is considering another funding round, potentially with an eye toward an initial public offering (IPO), Bloomberg News reported Thursday, citing people familiar with the matter.

Cryptocurrency exchanges could raise more than $100 million in a pre-IPO round as rising token prices lead investors to turn to the cryptocurrency market, sources told Bloomberg. If Kraken decides to raise more funds, the round could be completed by the end of the year, according to a source who spoke to the publication.

“We are always exploring strategic paths toward Kraken’s mission to accelerate the global adoption of cryptocurrencies,” Kraken said in a statement Thursday. “We are fully focused on investing toward this goal.”

Kraken plans to launch an IPO as early as next year, sources told Bloomberg. To make these plans a reality, the exchange reportedly wants to get “big name” companies on its board.

The surge in investor interest in the exchange represents the latest sign that investors are interested in the cryptocurrency industry. According to data from The Block, more than $5.6 billion has poured into cryptocurrency companies since the beginning of this year.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Elizabeth Napolitano is a data reporter covering business and technology news with a focus on cryptocurrency. Before she joined The Block, Elizabeth reported on BigTech, AI, crypto, and video games for CBS Moneywatch. As a CoinDesk reporter, she covered DeFi, NFTs, and US courts. She received a master’s degree in journalism from CUNY. X: Follow her at @LizKNapolitano.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

If this happens, you can see a huge price of $ 1.9.

October 3, 2025

Lombard Liquid Bitcoin Summary Summary

October 3, 2025

Easily Earn $5588+ In Passive Income Every Day With PlanMining Cloud Mining

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025
Most Popular

Sui, S3’s Stablecoin Studio Provides Compatible Payment Processing Stablecoin Applications to Sui Developers

March 9, 2024

ZKSYNC HACKER returns the stolen funds and maintains a 10% reward.

April 24, 2025

When 88%of BTC supply benefits, Bitcoin investors’ expectations are power generation

May 5, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.