Kraken Eyes 2026 IPO as U.S. Regulatory Landscape Shifts

Crypto exchange Kraken is preparing for an initial public offering (IPO) by early 2026, signaling confidence in a more favorable U.S. regulatory environment. Bloomberg, citing sources, reported that Kraken sees public listing as a viable option following the Securities and Exchange Commission’s (SEC) shift in stance.

Under the Biden administration, Kraken and other crypto firms faced intense regulatory scrutiny. However, the SEC has recently softened its approach, dropping its lawsuit against Kraken in March. This regulatory retreat under the Trump administration has encouraged several crypto firms, including stablecoin issuer Circle and exchange operator Bullish, to explore IPOs.

“We’ll pursue public markets as it makes sense for our clients, partners, and shareholders,” Kraken told Bloomberg. The exchange initially planned to go public in 2022 but postponed its listing amid regulatory uncertainty.

With crypto markets rebounding and regulatory pressures easing, industry players are seizing the opportunity to enter public markets. Kraken’s potential IPO would mark a significant milestone, positioning it alongside publicly traded rivals like Coinbase.

As institutional adoption of digital assets grows, a successful Kraken IPO could drive further mainstream acceptance of cryptocurrencies. Investors will be closely watching how the evolving regulatory landscape shapes the future of crypto firms on Wall Street.