Kraken Gears Up for a Potential 2026 IPO with a Bold $1B Debt Raise
The powerhouse cryptocurrency exchange is reportedly considering a debt raise of up to $1 billion as it prepares for a potential initial public offering (IPO) in 2026. This strategic financial move signals Kraken’s confidence in the future of crypto and its commitment to expanding its global presence.
Ripple Defeats SEC in Court, CEO Brad Garlinghouse Says
The U.S. SEC is considering dropping its lawsuit against Ripple Labs, significant in the XRP token classification debate. Filed in December 2020, the SEC accused Ripple of conducting an unregistered securities offering with XRP.
Dismissal could clarify Ripple's status as a digital currency, fostering XRP adoption. This decision may also impact how the SEC classifies other cryptocurrencies, affecting the broader market and regulatory frameworks.
