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While many cryptocurrency companies choose to go public in the United States, Kraken takes a different route.
The digital currency exchange stated that has no immediate plans to list its shares on a US stock exchange.
Arjun Sethi, one of Kraken’s co-CEOs, shared in an interview with Yahoo Finance that the the company is in a strong financial position.
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He explained that Kraken manages its risks carefully and currently has enough funds to operate as a private business. Therefore, there is no pressure to become a publicly traded company anytime soon.
Sethi said, “We are not in a race.” He added that Kraken doesn’t feel the need to follow others just because they’ve gone public.
In 2025, many crypto-related companies have taken steps towards stock market listings. These include Kraken’s competitors, such as Gemini
$5.08 billion
and eToro, as well as Figura.
Another company, BitGo, which offers crypto custody services, filed to go public in September.
Despite this trend, Sethi emphasized that Kraken don’t feel the need to act just because others are. He said that other public companies help shape the industry’s market knowledge.
Recently, Kraken took a step to grow its American derivatives business by acquiring Small Exchange, a futures market regulated by the United States. What did Sethi say? Read the full story.
