Kraken is seeking to go public as early as the first quarter of next year

According to Bloomberg, Kraken is seeking to go public as early as the first quarter of next year. Earlier, Kraken announced that SEC staff had agreed in principle to dismiss the lawsuit against Kraken without admitting any negligence, paying fines, or changing its business. Kraken is one of several crypto companies considering going public, with others planning an IPO including Circle, BitGo, Gemini and Bullish. Kraken, founded in 2011, has so far raised only approximately US$27 million in primary capital.

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