Crypto exchange Kraken continues to pursue a public listing despite a significant drop in its estimated market value. The company's valuation has fallen from $20 billion to $13.3 billion since its initial SEC filing.
- Kraken CEO confirms IPO plans remain in play
- Market valuation decreased by $6.7 billion since November
- Current valuation estimated at $13.3 billion
- Confidential SEC filing remains the basis for the public transition
- Company is resisting narratives of a strategic pause
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