Kraken CEO: No Plans for Initial IPO Yet, Continues to Seek More Acquisition Opportunities

BlockBeats News, September 23rd, according to DL News, Kraken's co-CEO Arjun Sethi stated in an interview that the company will continue to seek acquisition opportunities but will not pursue an initial public offering (IPO) at the moment. Regarding an IPO, despite competitors like Bullish and Gemini already going public on the New York Stock Exchange and Nasdaq this summer, Sethi explicitly stated that Kraken will not follow suit: "If we had a fear of missing out on listing, we would have applied a long time ago."