5 Krakeen Exchang ways give Coinbase to run for her money
Coinbase is a leading exchange in the United States through the daily trading volume and is publicly traded in Wall Street.
But far away in Silicon Valley, Kraken makes waves.
Kraken is a safe American encryption exchange
Jesse Powell Jesse Powell, Major Jesse Powell, was established in 2011.
Jooks was shattered and burned after staging the 2014 penetration of 650,000 BTC. Today, the stolen bitcoin value has grown to $ 56 billion.
But under the leadership of Powell, who resigned as an executive president a few years ago, he developed a reputation that was a safe platform for the exchange of cryptocurrencies and left them in the third -party custody.
“The original ideal was to get Bitcoin to the world, and we have achieved a lot, and to open access to people who were not subjected to the official financial system,” Powell. Recently said.
Coinbase is popular with investors
Founded in 2012 by Brian Armstrong, a former Airbnb engineer, Coinbase Kraken jumped. Today, it is the most popular exchange in the United States, and its shares are publicly traded on the Nasdaq Stock Exchange.
Cathy Wood has passed Coinbase’s shares of $ 9.3 million at a reduced price when the markets turned in February, just as the technology hedge fund focused last August when Markets came out. In June 2023.
Therefore, Coinbase was a common preferred among the Blockchain sector investors for some time. However, these recent KAKEN news updates may give its competitors in Coinbase a tour for their money.
1. Kraken to IPO in Q1 2026
It is said that the small purple monster plans for the public with the public subscription in the first quarter of 2026. This is it according to Modern Bloomberg report.
“We recently revealed the most prominent Mali of 2024 to be more transparent in our business, something that we started by publishing the first to publish evidence of reserves, and we will continue to determine the priorities of moving forward. We will follow the public markets because they are logical to our customers, partners and shareholders.”
After the report left the media between the newsletter ports, Kraken Co-COO ARJUN SETHI tried to calm rumors, and to clarify to Axios that there is no history group:
“I think the way we think about it is that if this is in service to our customers for the public, and building that confidence as a currency, we will think about doing so. So we will always be prepared for that, but we may not have a specific date.”
But he did Note that“The comprehensive organizational environment, all over the world, not only in the United States, has become more convenient.”
The jump to the organized public markets has been brewing for years until now. In 2021, Powell said the encryption would be more willing to appear via public subscription than the direct list.
Since the direct lists do not issue any new shares and do not raise a new capital, the public subscription may be a means of chicks to amplify the value of the shares on their books.
Kraken’s public subscription will eventually be it is very important for the Blockchain sector. In February, Crypto Insights Coingecko has noticed that Coinbase is still the only coding exchange circulated publicly.
2. Kaken explores a $ 1B debt note with jpmorgan
Meanwhile, Kraken’s money looks strong in the Alttqatoi stock market.
The company explores a billion dollar corporate debt package with Goldman Sachs and JP Morgan. Yes, JP Morgan, the American banking giant who only said the CEO 15 months of criminals who only use bitcoin. This is a major change in expectations from the private banking sector.
Anonymous sources with knowledge of the procedure Bloomberg said In late March, each of the giants started talks with banks and other lenders to assemble the huge loan per year or so before Kraken’s expected expectations.
According to the report, EXCHANGE includes more than 10 million users in 190 different countries, and serves $ 207 billion in semester trading volume.
if Kraken works like Coinbase’s can depend on future cash flows to float such a huge loan. In February of February, Coinbase reported that Q4 revenues last year $ 2.3 billion.
About 60 % of its quarterly revenues Come Small fees for trading.
3. Ninjatrader acquisition of the future contract platform
Today, I am excited to advertise @krakenfxObtaining agreement @innjatrader For $ 1.5 billion. This is more than just adding another product – it is an important step towards our vision to build the strongest global platform for the future of financing.Realdonaldtrump…
Arjunsethi March 20, 2025
Kraken manufactures a quarterly giant of fees for its services as well.
But it is hoped that you will add to its cash ignite by purchasing Ninjatrader at a value of $ 1.5 billion on March 20. In a press release, Kraken launched Crypto Futures Brokerage the Plagmented American Futures Trading Plastic platform.
The acquisition of the size of unicorn embodies the merchant’s licenses in the futures contract committee in Ninja, which allows Kraken to broker futures and derivatives in the United States.
Sethi Make up This step is suitable for Kraken’s aspirations to build the Crypto everything app: “This treatment is the first step in our vision of the institutional trading platform where any origin can be traded at any time.”
Coinbase for the first time of the first time retail products for customers with advanced Coinbase accounts in November 2023.
4. SEC agrees to reject the Kraken suit
At the beginning of March, the markets added Kraken to a set of lawsuits that were dropped in the frightening US Securities and Stock Exchange Committee.
Update on Kraken Read:
“In principle, SEC employees agreed to reject a lawsuit against KAKEN with bias, without any recognition that no violations are committed, and there are no paid penalties and there are no changes to our actions.”
The update indicated that the previous SEC enforcement policy by hostility and random lawsuits “undermines an emerging industry that has repeatedly urged clear rules of the road.”
Once she does not oppose her opposition to cryptocurrencies, the Supreme Education Council has definitely turned into a friendly policy under the new Trump administration. This was great news for this industry and there is no small worker in the Nashur Crypting Market from last November to January.
“This chapter raises a cloud of uncertainty.” “It reaffirms that companies like Kraken, which give priority to compliance and consumer protection, should not be subject to arbitrary legal battles.”
5. Kaken Relainches Crypto Stokeing
Beep, Beep: By the daily trading volume, Kaken plays the role of Little Nash Rambler to Coinbase’s Cadillac.
Coinbase may have a major arrangement for daily active users and weekly visits than Kraken in March, but the daily trading record is slightly more than a third of its younger competitor. This is according to the latest COINMARKETCAP.
Many there for Altcoins trading in expecting profits to be converted through incompetence in these new online currency markets.
After re -launching Kraken Crypto Staking in the first quarter of this year, its users can also share their coins, which use the evaluation proof mechanism to close value and gain deception fees from their network.
It is a very profitable work for chicks to work. For comparison, in March, Coinbase held approximately 12 % of the total ETH on the ETHEREUM network.
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