Kraken’s $200M Bet Sparks IPO Frenzy
Kraken’s parent, that ambitious octopus of ambition, has secured fresh backing as it inches toward a public listing in the United States. Institutional interest in crypto infrastructure grows even as valuations pretend to be prudent. A new European confidant flirts with deeper ties between venerable finance and the droll mischief of digital assets, while the deal merrily signals a quest to stitch trading systems together across two very different universes.



