Crypto Exchange Kraken Considering IPO in 2026: Bloomberg

The exchange attributes its decision to pursue a public listing to the more favorable regulatory climate under the Trump administration.

Key points:

• Kraken, a leading crypto exchange, aims to go public with an IPO by early 2026, driven by shifts in U.S. regulatory policies.
• The SEC’s decision to drop its lawsuit against Kraken has opened the door for the company to explore a public listing.

Kraken, a major crypto exchange, is considering going public through an IPO by early 2026, believing that recent regulatory shifts in the U.S. have created a more favorable environment for a public listing, according to Bloomberg sources.

Previously under scrutiny by the SEC during the Biden administration, Kraken was among several crypto firms facing regulatory challenges. However, the SEC has scaled back its enforcement actions under President Trump, announcing in March its intent to drop its lawsuit against the exchange.

Kraken stated that it will move forward with a public listing when it aligns with the best interests of its clients, partners, and shareholders, responding to Bloomberg’s inquiry. The exchange had initially planned to go public by 2022.

Several other crypto firms are also preparing for IPOs in 2025 and 2026. Circle, the issuer of the USDC stablecoin, is reportedly working on a listing, along with crypto exchange Bullish.