• The CEO of Kraken says the crypto exchange is considering a traditional IPO following rival Coinbase's volatile direct listing

    5 days ago - By Business Insider

    Jesse Powell is the chief executive and co-founder of crypto exchange Kraken.
    Kraken CEO Jesse Powell said he is considering an IPO when his company goes public instead of a direct listing, Fortune reported.
    Powell's thinking was influenced by Coinbase's volatile direct listing in April.
    The CEO ruled out going public via SPAC, saying his company is "too big" for it already.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Kraken founder and CEO Jesse Powell said he is considering a traditional initial public offering to take the cryptocurrency exchange...
    Read more ...