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Kraken reportedly exploring $1 billion debt raise ahead of potential IPO – TON BOT

Kraken reportedly exploring $1 billion debt raise ahead of potential IPO

Kraken is reportedly seeking to raise up to $1 billion in debt as it prepares for a potential initial public offering, with Goldman Sachs and JPMorgan leading the effort. The firm may also pursue an equity raise alongside the debt issuance. Additionally, Kraken recently acquired NinjaTrader for $1.5 billion.