Kraken Files for U.S. IPO After Securing $800M Raise at $20B Valuation

Cryptocurrency exchange Kraken has confidentially filed for a U. S. initial public offering (IPO), marking one of the industry’s most significant institutional steps of 2025. The filing, submitted on November 19 under a confidential Form S-1 by parent company Payward Inc source: https://www.ethnews.com/kraken-files-for-u-s-ipo-after-securing-800m-raise-at-20b-valuation/