One of the titans of the crypto industry — Kraken — is once again making headlines. In May 2025, rumors spread across the crypto space about the exchange preparing for an IPO and, intriguingly, launching its own token.
Signals emerged through sudden leadership reshuffles within Kraken, newly surfaced legal documents, and closed-door investor meetings in London and New York. Blockchain analytics platforms also detected heightened activity from affiliated wallets, possibly linked to an initial token offering.
If confirmed, Kraken would become the first U.S. crypto exchange to pursue a “double market debut”: via a traditional IPO and a utility token — possibly used for staking, fee discounts, or even governance. This hybrid model would effectively bridge Coinbase and Binance strategies.
📈 The potential token, already nicknamed $KRAK, has sparked speculation in crypto chats: “Better than BNB?”, “The new UNI?”, “BASE competitor?” There’s no official statement yet — but Kraken hasn’t denied it either, which in the crypto world is almost confirmation.
💬 Comments on X:
“If Kraken gets it right — this could be the most mature crypto IPO 2.0 in history.”
“Waiting for KRAK staking with 15% APR. Info leaked on private Discord.”
FUTURUM is watching closely. If Kraken goes public with a token, it may become a textbook case in cryptoeconomics — a sign that the industry is finally crossing the line between alternative and mainstream.
