Kraken продвигается к IPO с оценкой в $15 миллиардов после успешного раунда финансирования на $500 миллионов Translation: Kraken moves toward IPO with a $15 billion valuation after a successful $500 million funding round.

The cryptocurrency exchange Kraken has quietly wrapped up a funding round, securing $500 million. As a result, the platform’s valuation has soared to $15 billion, according to reports from Fortune.

The publication indicates that this move is part of the preparations for a planned IPO, which is scheduled for the first quarter of 2026.

This funding round did not attract any strategic investors and was concluded under Kraken’s terms. Venture firm Tribe Capital, led by CEO Arjun Sethi, increased its stake in the company.

Founded in 2011, Kraken initially catered primarily to institutional traders. However, under Sethi’s leadership, the platform has taken several steps to engage retail users.

In March, the exchange acquired the futures trading platform NinjaTrader for $1.5 billion, which allowed it to expand its client base by two million accounts.

In April, Kraken launched stock and ETF trading in the U.S. Among the tokenized offerings using xStocks were shares from tech giants such as Apple, Tesla, and Nvidia.

Prior to 2025, the exchange had secured only $27 million in venture funding. In the second quarter, Kraken reported a revenue of $411 million, with profits nearing $80 million.

It’s worth noting that in September, the cryptocurrency exchange Gemini, founded by the Winklevoss twins, debuted on Nasdaq, raising $425 million during its IPO.