Cryptocurrency exchange Kraken is planning to go public in the first quarter of 2026, benefiting from improved regulatory conditions under the Trump administration.
Officially known as Payward Inc., the company has been contemplating an IPO for several years but has encountered regulatory hurdles, including actions from the Securities and Exchange Commission (SEC).
Earlier this month, Kraken revealed that the SEC would be dropping its case without imposing any charges.
The San Francisco-based exchange reported robust growth in 2024, with revenues surpassing $1.5 billion and adjusted earnings reaching $380 million.
