CoinDesk reported that U.S. cryptocurrency exchange Kraken announced that its initial public offering (IPO) preparations are approximately 80% complete. Kraken co-CEO Arjun Sethi made this statement while announcing a partnership with MoneyGram at the Consensus 2026 event. Kraken has reportedly submitted its listing application confidentially to the U.S. Securities and Exchange Commission (SEC) and is awaiting the opportune market conditions to launch its IPO.
