Cryptocurrency exchange Kraken is readying to go public amid a friendlier regulatory climate in the US under President Donald Trump.

Kraken is preparing for an IPO in first quarter of 2026, taking advantage of what appears to be a more favorable regulatory climate.

Crypto exchange and custodian Gemini Trust filed confidentially for an initial public offering late last week, and could go public as soon as this year, according to a media report. The preparation for a listing represents another step ahead for digital assets as the Trump administration reverses the Biden administration's strict stance on the

Digital assets exchange Kraken, officially known as Payward Inc., is reportedly targeting an initial public offering (IPO) in the first quarter of 2026.

Kraken plans IPO by early 2026 as regulatory conditions improve. Strong financial growth and SEC case dismissal boost listing prospects.

Kraken is finally making its move. The crypto exchange, officially known as Payward Inc., is planning to go public in the first quarter of 2026, according to a Bloomberg report on Friday following the White House’s crypto summit.