Share this article
Crypto Exchange Kraken 'Still On Track' for 2022 Public Listing
Kraken’s head of growth said plans to go public in 2022 are still in the works.
Updated May 9, 2023, 3:20 a.m. Published May 27, 2021, 4:14 p.m.
Kraken’s Dan Held said the crypto exchange is still going public, despite a recent tumble in the price of bitcoin.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“Everything seems to still be on track for a direct listing sometime in 2022, but I don't have any idea of what timing that might be,” he said during an interview at CoinDesk’s Consensus 2021.
The answer came in response to a question about the crypto market’s recent sag. When Coinbase went public through a direct listing in April, bitcoin was changing hands north of $60,000; the leading crypto asset is struggling to break $40,000 as of press time.
“I would push back and say that the crypto markets are looking great right now,” said Held. “If you look at Kraken volume, alongside other exchange volume, we hit all-time highs a few weeks ago. Kraken had an $8-billion volume day, that’s an incredible amount of money traded.”
Kraken has said since at least March 2021 it’s taking the public listing route to Wall Street. CEO Jesse Powell reiterated those plans in an interview with CNBC last month.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
USDC Issuer Circle Secures Abu Dhabi's ADGM License in Middle East Expansion
The license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.
What to know:
- Circle has obtained a Financial Services Permission license from Abu Dhabi Global Market, allowing it to operate as a Money Services Provider in the UAE.
- The stablecoin issuer has appointed Dr. Saeeda Jaffar, former manager at payments firm Visa.
- The approval comes as part of the UAE's emergence as a global hub for regulated digital assets, following similar licenses granted to Binance.
Top Stories
