IPO filing research

Kraken

Pre-IPO issuer

ipo filed CONFIDENTIAL-S1

Kraken IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: CONFIDENTIAL-S1 on 2025-11-19.

Filing Timeline

SEC EDGAR

CONFIDENTIAL-S1 filed

Confidential registration lead

Reuters, via TradingView, reported on April 14, 2026 that Kraken had filed confidentially for an IPO, with the confirmation attributed to co-CEO Arjun Sethi speaking to Semafor. Yahoo Finance's republication of BeInCrypto said the confidential SEC filing had first been submitted around November 2025 and remained active despite a lower implied valuation of about $13.3 billion in April 2026. CNBC separately reported the same April 14 confirmation that Kraken had confidentially filed for a U.S. IPO.

Kraken confirmed during an April 14, 2026 public appearance that it has a confidential IPO filing with the SEC. Current reporting says the filing dates back to November 2025, but no public registration statement, ticker, exchange, or terms have been disclosed.

2025-11-19 · CONFIDENTIAL-60691C1B8EDF99923ABE

Comparable Deals

Not enough completed IPOs with similar characteristics to show comparables yet.

Recent News

https://www.tradingview.com/news/reuters.com%2C2026%3Anewsml_FWN40X166%3A0-kraken-has-filed-confidentially-for-ipo-co-ceo-of-crypto-exchange-confirms-semafor/

www.tradingview.com · 1970-01-01T00:00:00.000Z

https://finance.yahoo.com/markets/crypto/articles/kraken-confirms-confidential-ipo-filing-192328817.html

finance.yahoo.com · 1970-01-01T00:00:00.000Z

https://www.cnbc.com/2026/04/14/crypto-exchange-kraken-confirms-it-has-confidentially-filed-for-an-ipo.html