According to the source, a social media post claims Kraken raised $500M at a $15B valuation and suggests IPO speculation for 2026, source: social media post dated Sep 26, 2025. Because the post does not cite an official filing or press release, traders should wait for confirmation via Kraken’s official blog or a U.S. SEC EDGAR filing before repricing exchange‑exposed assets, sources: Kraken official blog and press page; U.S. SEC EDGAR. If later confirmed by an official disclosure, additional exchange capital and an IPO pipeline typically point to expansion in exchange infrastructure revenues that traders benchmark against comps like COIN and sector liquidity for BTC and ETH, sources: Coinbase SEC filings (Form 10-Q/10-K) on exchange revenue mix; U.S. SEC investor guidance on IPO processes.

According to @MilkRoadDaily, Kraken is preparing to raise $500 million at a $15 billion valuation through its IPO, indicating a renewed interest in crypto-related public offerings. This move may increase mainstream investor confidence and liquidity in the cryptocurrency sector, potentially impacting trading volumes and valuations across major digital assets. The revival of crypto IPOs could also set a benchmark for other exchanges considering public listings, influencing market sentiment and long-term price action for related tokens and companies. Source: @MilkRoadDaily

According to @MilkRoadDaily, Kraken Co-CEO Arjun Sethi outlined three significant upcoming shifts in the crypto markets during an interview, emphasizing that the key trading opportunities will emerge after Kraken's IPO, not just from the listing event itself. Sethi highlighted institutional adoption trends, the evolution of crypto product offerings, and regulatory advancements as the main catalysts for market change (source: @MilkRoadDaily Twitter, June 17, 2025). These developments suggest traders should focus on post-IPO movements, potential new asset listings, and regulatory-driven volatility. Crypto investors are advised to monitor Kraken's strategic moves and broader market reactions, as these shifts may impact liquidity and price discovery for major cryptocurrencies such as BTC and ETH.