Kraken CEO on Fundraising, IPO
Kraken is said to be in talks for pre IPO fundraising round seeking more than $100 million. What can you tell us about a target for a potential IPO? What's the date that you're looking at? Yeah. So generally on the front fundraising front and with regard to some of those, you know, articles that that hit about, you know, a currently active fundraise, the reality is we're right now, frankly, we are, you know, having informal discussions with existing investors and you know, other parts of the investor community as we have done in the past and you know, we kind of continue to do so. So there isn't anything formal in, in progress right now on, on that front, you know, IPO as, you know, I can't really, you know, get, you know, specific. And anything frankly timing or anything else from that nature, but you know, from a financial profile standpoint and you know, it's not a surprising question, you know, from a financial profile standpoint and success standpoint, Kraken is, you know, frankly a bigger and more profitable company than many public companies out there. So it's, it's frankly not surprising that the questions being asked.