Cryptocurrency exchange Kraken is readying to go public amid a friendlier regulatory climate in the US under President Donald Trump.

Kraken is finally making its move. The crypto exchange, officially known as Payward Inc., is planning to go public in the first quarter of 2026, according to a Bloomberg report on Friday following the White House’s crypto summit.

Kraken plans IPO by early 2026 as regulatory conditions improve. Strong financial growth and SEC case dismissal boost listing prospects.

Exchange cites a more friendly regulatory environment under the Trump administration as a reason for the move toward a public listing

Digital assets exchange Kraken, officially known as Payward Inc., is reportedly targeting an initial public offering (IPO) in the first quarter of 2026.

The SEC has dismissed or paused several crypto-related cases in recent weeks, which Kraken sees as a “turning point” for U.S. crypto regulation.