Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Another major US-based cryptocurrency exchange is reportedly considering going public. Kraken revealed record-breaking Q1 numbers and is also planning an IPO â following in the footsteps of Coinbase.
- Coinbase is the first major US-based cryptocurrency exchange that will see its IPO later this month.
- As CryptoPotato reported, the company will have its shares listed on Nasdaq on April 14th.
- However, Coinbase isnât the only one. According to a CNBC release, Kraken is also considering going public.
- The exchange also contemplates a direct listing, but it would supposedly happen next year â in 2022.
- The news came as Kraken released its quarterly report, revealing record-breaking numbers following Bitcoinâs face-melting rally to above $60K.
For us, any volatility is good but itâs always better when itâs on the way up. [âŠ] The first quarter just completely blew away the entirety of last year. We beat last yearâs numbers by the end of February. The whole market has really just exploded. â Said Jesse Powell, CEO at Kraken.
- In his own words, Kraken is âlooking at being able to go public sometime next year.â He also revealed that it âwould probably be a direct listing, similar to Coinbase.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.