Crypto Exchange Kraken Files Confidentially for IPO Next Year

The Kraken website arranged in Hastings-on-Hudson, New York.

Photographer: Tiffany Hagler-Geard/Bloomberg

Kraken has filed confidentially for a US IPO, laying the groundwork for the crypto exchange operator to go public as soon as next year.

The company, doing business as Payward Inc., didn’t disclose any details of the offering including size, valuation or timing in its statementBloomberg Terminal Wednesday announcing the filing for its initial public offering.