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