Kraken raises $500 million at $15 billion valuation, hinting at potential IPO. Funding aligns with previous reports, but Kraken has not filed regulatory paperwork yet. One of the oldest exchanges, Kraken processed $1.9 billion in trading volume. Other crypto firms like Gemini and Circle have seen successful IPOs recently.
Figure Technology Solutions and BitGo also eye IPOs, with successful debuts. US regulatory environment improves for digital assets, with stablecoin bill passage and anti-CBDC legislation progress. IPO rush signifies growing interest in crypto markets. US lawmakers challenge SEC on Tron IPO, seek probe into Justin Sun.

Read more at Cointelegraph: Kraken Raises $500M at $15B Valuation Amid Rising IPO Buzz: Report