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How to buy Kraken stock when it goes public

Here's everything we know so far about the Kraken IPO.

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Sheri Bechtel
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Kraken, a US-based crytpocurrency exchange, is expected to go public next year, the company's chief executive officer said. We'll update this page as new information becomes available.

What we know about the Kraken IPO

Crypto exchange Kraken could be coming to market with an initial public offering next year. The details of the IPO have not been made public, but Kraken CEO Jesse Powell stressed that the company would probably not be going public through a special purpose acquisition company (SPAC).

Kraken currently has a valuation of around $10 billion.

How to buy shares in Kraken when it goes public

Once Kraken goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Kraken can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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