Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Kraken => Topic started by: Tanimariya on March 04, 2021, 11:10:18 AM
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We are certainly on track though $10 billion dollars is a low valuation," said Powell. "I wouldn't be interested in issuing shares at that price."
Kraken’s co-founder and CEO Jesse Powell says his exchange may seek a public listing “sometime next year” but that there are “no guarantees.”
Appearing on Bloomberg TV on Wednesday, Powell was asked whether he would take his company public at a $10 billion valuation.
“We are certainly on track though $10 billion dollars is a low valuation,” said Powell. “I wouldn’t be interested in issuing shares at that price.” Powell’s statement comes as rival exchange Coinbase is being valued as high as $100 billion.
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(https://www.coindesk.com/kraken-jesse-powell-bloomberg)