Kraken
About
Kraken secondary shares on Forge Global. Kraken is one of the world's largest privately-held crypto exchanges valued at ~$20B. IPO widely anticipated in 2026. Featured on Forge's 2026 IPO calendar alongside Anthropic, Databricks, and OpenAI.
AI Investment Summary
Kraken is a top-5 global crypto exchange at $20B valuation. On Forge's 2026 IPO calendar. Profitable with strong crypto bull market tailwinds.
Structure
Direct Equity (Secondary)
Stage
Pre-IPO
Accreditation
Accredited Investors
Liquidity
Semi-Liquid
Geography
San Francisco, CA
Revenue
profitable
Total Investors
200
Green Flags
- Top-5 global crypto exchange
- IPO on Forge 2026 calendar
- Profitable business
- Crypto bull market 2025-2026
Risk Flags
- Accredited investors only
- Crypto market volatility
- Regulatory uncertainty
- IPO timing not guaranteed
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Pre-IPO Kraken exposure via Republic Europe SPV at ~$41/share.
Min. Investment
$41
Consensys
Pre-IPO
Pre-IPO Consensys — MetaMask creator, $7B valuation, IPO prep with JPM/GS.
Min. Investment
$5K
Minimum Investment
$5K
Valuation
$20B
Lock-up Period
None (secondary market)
Tags
LISTED
2026-02-01