A post by @krakenfx on X.

Kraken signaled via a teaser tweet that its long-anticipated IPO is approaching, hinting that retail investors may get a route into the offering, with details to follow soon. The exchange, one of the largest U.S.-regulated crypto trading venues, has been widely expected to list since settling SEC charges in 2023 and as rivals like Coinbase trade publicly. The tweet offered no valuation, share count, or timing, leaving the listing venue and structure undisclosed. The post matters because a Kraken public listing would give equity markets a second major pure-play crypto exchange and a new benchmark for the sector's valuations. What to watch next is the formal filing, which should disclose financials, valuation targets, and how the "way in" for retail investors is structured.