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Kraken CEO Says Crypto Exchange Could Go Public in 12-18 Months

  • Company recently said to be valued at more than $10 billion
  • Founder Jesse Powell says Kraken signups this year at record
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Bitcoin is “a lot greener than people give it credit for,” Kraken Exchange co-founder and CEO Jesse Powell said, in response to a question about Tesla Inc. CEO Elon Musk’s attack on the digital currency’s energy demands. “I don’t know how long Elon has been studying this, but I think he’s got some more studying to do on this topic,” Powell added Thursday in an interview on Bloomberg Television.Source: Bloomberg)

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Kraken, one of the world’s largest exchanges for trading cryptocurrencies, could go public in 12 to 18 months, according to its chief executive officer.