Kraken reportedly exploring $1 billion debt raise ahead of potential IPO

Kraken is reportedly seeking to raise up to $1 billion in debt as it prepares for a potential initial public offering, according to a Bloomberg News report citing people familiar with the matter. G...

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Kraken reportedly exploring $1 billion debt raise ahead of potential IPO

Source: CryptoSlate

Kraken is reportedly seeking to raise up to $1 billion in debt as it prepares for a potential initial public offering, according to a Bloomberg News report citing people familiar with the matter. Goldman Sachs and JPMorgan are leading the fundraising effort, allegedly in early-stage discussions with additional banks and direct lenders. While the debt […]