Kraken Co-CEO: No rush to advance IPO plans, will consider more acquisitions

Kraken co-CEO Arjun Sethi said that although competitors Bullish and Gemini were listed on the New York Stock Exchange and Nasdaq respectively this summer, Kraken will not follow suit for the time being, emphasizing that "we will not act hastily due to FOMO emotions." This statement responded to previous speculation that the company was planning an IPO as early as the first quarter of 2026.