Kraken is a global marketplace for the secure buying, selling, and trading of cryptocurrency. Jesse Powell co-founded Kraken in 2011 and he continues to lead the company as CEO from its headquarters in San Francisco, CA. In a March 2022 interview with CNBC, Jesse Powell stated, " We're building all these components of things, and I think the next decade is really going to be about seeing how all these components fit together to build this new world of the tokenized system and things existing without middlemen into the metaverse." In addition to enabling convenient online currency exchange, Kraken also provides expert financial resources and support to individual and institutional traders.
In June 2021, Powell speaking to Bloomberg, said that the exchange is preparing to go public within the next 12 to 18 months. He also mentioned that Kraken could choose the IPO route over a direct listing, he seemed confident about a successful public listing, adding that they were “doing all the prep work.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Kraken does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Kraken will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).
Kraken is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Kraken pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Kraken is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
Jesse Powell and Thanh Luu co-founded Kraken.
Kraken was founded and is still based in San Francisco, CA.
David Ripley is the CEO of Kraken. This is after Jesse Powell stepped down in September, 2022.
Kraken is used by crypto investors and traders seeking low trading fees and access to a wide selection of coins. In order to make a Kraken account, users must be 18 years and older and live in the US, minus Washington and New York.