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Kraken gears up for an IPO with a $100M fundraising target


Kraken, one of the world’s largest cryptocurrency exchanges, is making strategic measures in advance of its highly anticipated initial public offering (IPO). The company aims to raise $100 million in a final fundraising round before going public, signaling a major milestone in its growth...

Report: Kraken Considers IPO Amid Renewed Investor Interest


Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived...

Kraken to maintain USDT listing amid new EU regulations


A top official at Kraken said they will pursue all possible avenues to offer USDT under the next regime. Crypto exchanges are actively looking for measures to implement regarding stablecoins as the new legislation will emerge soon. USDT, the symbol for Tether, is the largest stablecoin in...

Kraken Insists It Will Keep USDT Listed in European Markets


Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding stablecoins are not finalized. Mark Greenberg, Global Head of Kraken’s Asset Growth and Management Business, clarified they will “continue to look at...

Kraken challenges SEC’s definition in legal battle


Kraken counters the Securities and Exchange Commission’s version of identifying legal investment deeds pertaining to transactions on the Kraken platform. This is regarding an appeal for nullifying a case introduced by the SEC.  Kraken’s appeal focuses on a crucial differentiation between...

Kraken Challenges SEC Overreach in Recent Court Filing


In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024, claims the SEC fails to identify legitimate...

Kraken Warns SEC’s Claims Could Reorder US Financial Structure


The crypto exchange Kraken urged the US court to dismiss the SEC claims against it to avoid a "significant reordering" of the US financial regulatory structure. The post Kraken Warns SEC’s Claims Could Reorder US Financial Structure appeared first on Cryptonews

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