Altcoins News
By Maheen Hernandez
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What the Gateway Actually Does. The platform Kraken is building targets Wall Street firms directly — think streamlined access to…
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IPO Delay — and What's Behind It. Kraken had been signaling a potential public offering for a while. It didn't happen.
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Why the Institutional Push Makes Sense Right Now. Kraken isn't alone in chasing institutional clients.
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Kraken is going after Wall Street. The exchange is deep into building a dedicated crypto gateway for traditional financial institutions, and it's shelving its IPO plans to get…
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The move isn't subtle. Kraken wants to be the on-ramp that big banks and asset managers actually use when they decide to touch digital assets.
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The platform Kraken is building targets Wall Street firms directly — think streamlined access to crypto trading and digital asset investment for institutions that have…
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Bridging that gap has been a persistent challenge across the industry. Traditional finance moves slowly, and crypto moves fast.
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And there's probably something to that. Institutional interest in digital assets has picked up sharply over the past few years, and exchanges that can credibly serve those…
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Kraken had been signaling a potential public offering for a while. It didn't happen. Now it's been pushed back indefinitely, with leadership pointing to market conditions as the…
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That's not a surprising call. Public market windows for crypto-adjacent companies have been tough.
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Related: Lazarus Group Moves $30 Million Through Hyperliquid as CFTC Considers Regulation
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So Kraken is waiting. And while it waits, it's putting resources into the institutional platform instead.
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Leadership says they're still optimistic about an IPO eventually. But the current priority is the gateway. Full stop.
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Kraken isn't alone in chasing institutional clients. Basically every major exchange has made some version of this pitch.
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The timing also makes sense from a competitive standpoint. Retail crypto trading is a brutal business. Margins are thin, users are fickle, and the competition is fierce.
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