Cryptocurrency exchange Kraken is reportedly exploring the possibility of raising up to $1 billion in debt, a move widely seen as a precursor to a potential initial public offering (IPO), according to a report by Bloomberg. Sources familiar with the matter suggest that Kraken is working with Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: […]

The post Kraken Eyes $1 Billion Debt Raise in Strategic Move Toward IPO first appeared on The UCW Newswire.