ChainCatcher News, citing sources from Bloomberg, reports that the cryptocurrency exchange Kraken is exploring raising $1 billion in debt financing ahead of a potential IPO. Sources indicate that the company is collaborating with Goldman Sachs and JPMorgan Chase on this initiative, which is still in its early stages. Any debt raised will be used to drive the company's growth rather than for operational needs, with a minimum of $200 million expected to be raised.
Another source stated that, in addition to debt financing, Kraken is also considering equity financing. No final decision has been made yet, and terms such as the scale of financing may still change. Representatives from Kraken, Goldman Sachs, and JPMorgan Chase declined to comment.
Another source stated that, in addition to debt financing, Kraken is also considering equity financing. No final decision has been made yet, and terms such as the scale of financing may still change. Representatives from Kraken, Goldman Sachs, and JPMorgan Chase declined to comment.