Kraken plans to go public by early 2026

Crypto exchange Kraken is considering going public through an initial public offering (IPO) by early 2026.

The company believes the U.S. regulatory environment has improved, making it a good time for a public listing, according to Bloomberg.

Previously, the Securities and Exchange Commission (SEC) sued Kraken, but the case was dropped in March 2024. This has allowed Kraken to rethink its plan to enter the stock market.

Kraken originally planned to go public in 2022 but delayed the move.

Now, with a more favorable regulatory climate under the Trump administration, the company sees a better opportunity.

Kraken is not alone—other crypto firms such as Circle (USDC stablecoin issuer) is also working on IPOs for 2025.