Kraken was founded by Jesse Powell in 2011. According to Reuters in September 2023, “Crypto exchange Kraken is planning to offer trading in U.S.-listed stocks and exchange-traded funds.”
Kraken is a global marketplace for the secure buying, selling, and trading of cryptocurrency. Per Forge data, Kraken raised $30.6 million in funding over 19 rounds. Their latest funding was raised on Jan 1, 2023. Key investors include 2B Global Capital, SBI Investment, RIT Capital Partners, Hummingbird Ventures, and Venture Garage.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
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.
Kraken has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
Kraken is privately held company and is not publicly traded, therefor investing in Kraken pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your Kraken shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Kraken shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in Kraken while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market 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.