Culture Hack


Kraken, a Bitcoin Exchange Platform, Might Go Public After a Record-Breaking First Quarter

Now the fourth largest cryptocurrency exchange, Kraken is considering a move to the public market via direct listing in 2022, following a record amount of trading levels as well as new clients. The exchange was founded by Jesse Powell in 2011 who has suggested that the surge in cryptocurrency interest has given them their best first quarter yet. The platform welcomed four times as many new users during the first three months of 2021 than it did in the second half of 2020. Powell also stated that the main reason to go public would be to expand geographically and to grow in the crypto world.


For more on this, head over to the original story.