Kraken has confidentially filed for an initial public offering, co-CEO Arjun Sethi said. The U.S.-based exchange was valued at $13.3 billion in an April funding round, down from a $20 billion peak in late 2025. Sethi said Kraken aims to provide retail clients access to sophisticated trading tools used by firms like Citadel, Jane Street and JPMorgan. He added concerns about AI severely disrupting SaaS companies are overstated.(金十数据)