Kraken first discussed the possibility of an IPO in April 2021. According to Protos, listing plans since then have not resulted in a completed IPO.

Nearly six years later, the earliest possible window for the company to go public is cited as the second quarter of 2027. The source does not provide details in the available package regarding the reasons for delays or the status of listing preparations.

For the market, this primarily means continued uncertainty surrounding Kraken's IPO timeline. Attention should be focused on official company announcements and documents related to a potential listing; no such confirmations exist in the current package.