Coindesk reported that U.S. cryptocurrency exchange Kraken announced that its initial public offering (IPO) preparation is 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 confidentially filed its listing application with the U.S. Securities and Exchange Commission (SEC) and is awaiting the opportune market conditions to initiate its IPO.
