Coinbase plans to list on the Nasdaq this month. Before entering the market, the crypto company reported very good financial performance.
As the CNBC channel clarifies, a company representing the cryptocurrency industry may soon enter the stock market.
Kraken CEO Jesse Powell spoke about plans to go public on one of the stock exchanges.
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The Kraken cryptocurrency platform was founded in 2011. At the moment, it is included in the list of the largest platforms for trading digital currencies. Powell said his company benefited greatly from the recent Bitcoin rally, which saw the cryptocurrency hit $ 60,000.
The CEO of the exchange also noted: "For us, any volatility is good, but it is always better when it pushes the markets up. The first quarter turned out to be the best of the last year. By the end of February, we surpassed our last year's figures. The entire market just exploded."
In the first quarter of 2021, the Kraken exchange registered four times more new users, than in the second half of 2020. Spot trading volume in the first quarter exceeded last year's volumes by one and a half times, reaching a record amount of $ 160 billion.