How Crypto Exchange Kraken Will Be Valued, And What It Has To Do With Coinbase

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Kraken, the second-largest U.S.-based crypto exchange after Coinbase, has set its sights on going public in 2022, according to CEO Jesse Powell.

What Happened:  Powell, who founded Kraken in 2011, told CNBC that it had plans to go public sometime next year. “It would probably be a direct listing, similar to Coinbase,” he said.

For now, the exchange is in the midst of talks with investors for a new round of funding.

According to Bloomberg, Kraken has held discussions with several high-profile investment firms including …

Full story available on Benzinga.com

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