Odaily Planet News, Kraken is considering raising $200 million to $1 billion in funding before its IPO in early 2026 and has conducted initial negotiations with Goldman Sachs and JPMorgan Chase. The funds will support Kraken's business growth, not daily operations. Kraken's revenue reached $1.5 billion in 2024, a year-on-year increase of 128%, with an adjusted earnings of $380 million. The company recently acquired futures trading platform NinjaTrader for $1.5 billion and restarted crypto staking services for US customers. Analysts believe Kraken's business expansion benefits from a crypto-friendly regulatory environment, and its IPO plan may be implemented in the first quarter of 2026. (Cointelegraph)