Synopsis
Cryptocurrency exchange Kraken has put its multibillion-dollar IPO plans on hold. The company is waiting for market conditions to improve before proceeding. Kraken had confidentially filed for a US IPO in November 2025 and was expected to go public in early 2026. The firm has recently expanded its offerings to include equities with commission-free trading.The company is still weighing an IPO, but is unlikely to move ahead until market conditions improve, according to the report.
The company confidentially filed for a U.S. IPO in November 2025. Kraken was set to go public in the first quarter of 2026.
Initially focused on crypto, the company has expanded across asset classes in recent months, including equities with the rollout of commission-free trading.
