Kraken Acquires Breakout Trading Platform, Is An IPO Next?

Kraken acquired Breakout, a prop crypto trading firm. It plans to allow a funded trading plan, where users can apply to invest in crypto using $200,000 in credit. The exchange would retain around 20% of the ensuing gains. Still, Kraken’s community has been a little skeptical, claiming that this acquisition doesn’t have a lot of synergy with its other offerings source: https://beincrypto.com/kraken-breakout-acquisition-ipo-rumors/