Trump's pro-crito attitude can mean more industrial IPO including Kraken



According to Bloomberg, the exchange of cryptocurrency Kraken is preparing for the initial public offer.

The IPO is expected to take place during the first quarter of 2026 and come in the middle of the Trump management profile in the field of digital assets. In response to Bloomberg, the company has indicated that it follows the best time for potential IPO.

“We recently published the financial most important points of 2024 to be more transparent about our business, which is something we first started to publish evidence of reserves, and we will continue to prefer the future,” Kraken said forward forward Reaction to a question from Bloomberg News. “We will follow public markets because it has a sense of our clients, our partners and shareholders.”

Kraken, one of the largest crypt exchanges in the world, would join Coinbase, which is already public.

Ticker Security Last Conversion Change %
COIN Coinbase Global Inc. 217.45 +3,28

+1.53%

Friday The White House hosted the first ever Summit Digital Asset They took part in the cabinet members, including the Minister of Finance Scott Bessnt, the Minister of Trade Howard Lutnick and the head of the small business administration Kelly Defefler.

Trump celebrated the meeting through the X post.

“” Welcome to the first ever Summit of the White House's digital asset. Last year, I promised that America would become Bitcoin's superpower in the world, and we are taking historical steps to fulfill this promise. ” -” he said.

Live crypt prices: here

Meeting followed by Trump's signature on Thursday's executive order to Create a strategic bitcoin reserve. Crypto Czar David Sacks describes in detail the benefits of movement through the X post.

Trump's Krypto Car Bemoans Lack of Strategy before Trump

“The reserve will be capitalized by bitcoins owned by the Federal Government, which has been forfeited as part of criminal or civic property management. This means that it does not cost taxpayers a dime,” he wrote. “It is estimated that the US government owns about 200,000 bitcoins; However, there has never been a complete audit. EO controls complete accounting of federal government digital assets. The US will not sell any bitcoins stored in the reserve. Will be kept as storage of value.

Bitcoins, which in December 2024 reached a maximum of $ 106,734.51, have since been carried below $ 90,000 in the middle of sales and volatility in American events.

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