Kraken has submitted a draft S-1 registration statement for an IPO to the U.S. SEC.

Techub News, Payward, Inc., the parent company of the cryptocurrency exchange Kraken, has submitted a draft Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for a planned initial public offering (IPO). The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process and will be subject to market and other conditions.