CHEYENNE, Wyo. (Nov. 19, 2025) – Payward, Inc. (dba “Kraken”) introduced that it has confidentially submitted a draft registration assertion on Kind S-1 with the U.S. Securities and Alternate Fee (the “SEC”) referring to the proposed preliminary public providing of its widespread inventory. The variety of shares to be provided and the value vary for the proposed providing haven’t but been decided. The preliminary public providing is anticipated to happen after the SEC completes its overview course of, topic to market and different circumstances.
This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase any securities. Any provides, solicitations or provides to purchase, or any gross sales of securities can be made in accordance with the registration necessities of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 beneath the Securities Act.
About Kraken
Based in 2011, Kraken is likely one of the world’s longest-standing and most safe crypto platforms globally. Kraken shoppers commerce greater than 450 digital property, conventional property akin to U.S. futures and U.S.-listed shares and ETFs, and fiat currencies. Kraken is likely one of the quickest, most liquid and performant buying and selling platforms out there.
Kraken’s suite of services consists of the Kraken App, Kraken Professional, the Krak App, Kraken Institutional, Kraken Onchain and the Ninja Dealer retail buying and selling platform. Throughout these choices, shoppers should buy, promote, stake, earn rewards, ship and obtain property, custody holdings, and entry superior buying and selling, derivatives, and portfolio administration instruments.
Kraken has set the business customary for transparency and shopper belief, and it was the primary crypto platform to conduct Proof of Reserves. It complies with laws and legal guidelines relevant to its enterprise, whereas actively defending shopper privateness and sustaining the very best safety requirements.
Lauren Publish
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Colleen Hsia
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