Cryptocurrency exchange Kraken was said to be considering launching a private offering to high-net-worth investors and was giving selected clients a chance to buy shares above a minimum investment of $100,000. Kraken has said its shares were worth $4bn. It is currently embroiled in a lawsuit involving alleged collusion to manipulate control of Bitcoin Cash following a controversial hard fork. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
Cryptocurrency exchange Kraken was said to be considering launching a private offering to high-net-worth investors and was giving selected clients a chance to buy shares above a minimum investment of $100,000. Kraken has said its shares were worth $4bn. It is currently embroiled in a lawsuit involving alleged collusion to manipulate control of Bitcoin Cash following a controversial hard fork. Crypto exchange Coinbase abandoned the idea of an IPO earlier in 2018.