[Kraken plans to raise more than $100 million before IPO] Golden Finance reported that Bloomberg cited people familiar with the company's plans as saying that the cryptocurrency exchange Kraken is in pre-IPO financing negotiations. Kraken is seeking to raise more than $100 million in funds, which is expected to be completed by the end of this year. In the past few years, there have been constant rumors about Kraken's listing. The company has been busy responding to charges filed by the U.S. Securities and Exchange Commission (SEC) last year, accusing it of operating an unregistered platform and improperly mixing customer funds. A spokesperson declined to comment on the financing, but said: "We have been exploring strategic paths to achieve Kraken's mission: to accelerate the global adoption of cryptocurrency. We will remain fully focused on investing in this goal."