Kraken targets $ 1 billion from Goldman Sachs and Jpmorgan before its Community


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FENELON L.

Crypto Kraken Exchange actively prepares its financial future. According to Bloomberg, the Goldman Sachs and JPMorgan Chase platform is negotiating to get billions of dollars before the possible IPO scheduled at the beginning of 2026.

Gigantic octopus (representative of Kraken) with tentacles holding bags of money and contracts

Kraken takes a new step in its growth strategy

The Crypto Kraken Exchange platform, the main player in this industry, launched a discussion with Goldman Sachs and JPMorgan Chase for a billion dollars. It is revealed by Bloomberg and quotes anonymous sources of a close ensemble. According to the American media, these negotiations are currently taking place in the preliminary phase.

This main financial operation is part of a wider strategy focused on the stock market preparation, which the company expects since the first quarter of 2026. This project is a significant progress for Kraken, which seeks to strengthen its position in the crypto ecosystem.

The involvement of traditional banks, such as Goldman Sachs and JPMorgan Chase, testifies to a remarkable development in the perception of the crypto sector by traditional financing.

This cooperation represents a turning point for Kraken, which now benefits from a more favorable regulatory context, especially because SEC has left its prosecution against the company for alleged violations of securities legislation.

Reinforced ambition on the crypto market with full transformation

This is not the first time Kraken planned IPO. Since 2021, the company has already expressed its interest in IPO.

More recently, the stock exchange has also explored the possibility to raise more than $ 100 million during the preliminary table in the middle of 2024. These different approaches illustrate the company’s determination to cross the course of public evaluation.

Kraken’s financial health seems to be solid to support these ambitions, with a turnover exceeding $ 1.5 billion in 2024. A performance that places it as a serious competitor Coinbase, who created his stock market in April 2021.

In parallel, Kraken is developing other strategic projects, including the launch of its own Stablecoin at the US dollar. This initiative monitors its obligation to withdraw USDT in Europe in Europe due to the new Sica regulations.

In short, this billion dollars have risen, connected with its future IPO, drives Kraken to a new state. Exchange Crypto is now asserted as a leading institutional player, ready to question global digital assets with reinforced credibility.

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Fenelon L. Avatar

FENELON L.

Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.

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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

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