Kraken’s launch of the Krak payments app is part of its broader growth strategy to expand beyond crypto trading and comes ahead of a potential initial public offering planned for 2026

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The move comes amid a period of growth for Kraken, which is betting on a multi-asset strategy beyond crypto as it looks to go public

The launch of Kraken’s payments app comes ahead of a possible initial public offering in 2026. The company has been talking about an IPO for years