Kraken boss Arjun Sethi says company won't 'race to the door' to get an IPO done
Yahoo Finance·2025-11-13 21:57

Crypto firms have been some of the biggest names that have flocked to this year’s IPO market, but major US exchange Kraken (KRAK.PVT) is one industry firm that’s in no hurry to dive into that world. “We have enough capital on our balance sheet today as a private company, and we don’t want to race to the door as quickly as possible,” Arjun Sethi, Kraken’s co-CEO, said during an interview at Yahoo Finance’s Invest event. Sethi said he’s also wary of any kind of perception that the company should go public ...