Kraken eyes IPO as it partners with MoneyGram to bridge crypto-to-cash gap

Payward and Kraken co-CEO Arjun Sethi says the exchange is “80% ready” to go public, as a new partnership with MoneyGram aims to expand access to digital assets by solving last-mile cash conversion. What to know : Kraken is still preparing for an IPO, with co-CEO Arjun Sethi saying the company is “80% ready." MoneyGram and Kraken announced a partnership to enable easier conversion between crypto and cash globally. Both firms see stablecoins and digital assets lowering costs and expanding access, especially in underserved markets.