news

bitcoin

1 X bitcoin bitcoin =

Friday

25 June 2021

Kraken Reconsidering IPO

Kraken Reconsidering IPO


smart summary beta

Does Coinbase’s mild direct listing performance have emerging crypto platforms thinking twice about going public.

In an interview with CNBC earlier this year, Kraken CEO Jesse Powell shared that the company was considering going public via a direct listing in 2022.

In a recent appearance on Fortune’s video series “Balancing The Ledger”, Powell stated that the firm was taking a harder look at going public, especially when it comes to a direct listing.

However, the direct listing approach for the firm appears to leaving investors wary, and to Powell’s point, has likely been a “watch and learn” experience for some of the biggest public-facing crypto firms considering going public.

Goto Full Article

bitcoin bitcoin price

$34755.00

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Image

Ethereum 2.0 Contract Reaches 100,000 ETH Milestone
published: 16 minutes ago
ETH 2.0 has been in the pipeline for a number of years now. Hopes were that an Ethereum proof of stake would be unveiled in 2020. But developers want to make

sentiment (0) Neutral

Article Metadata

author

site

newsbtc
Market data feeds provided by cryptocompare.com
bitsmart 2021