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The company stated it confidentially submitted a draft S-1 registration kind with the SEC to make an preliminary public providing (IPO) on Wall Avenue. Kraken filed to go public Wednesday, the cryptocurrency exchange stated, just hours after announcing a large fundraising spherical valuing the company at $20 billion. Staking entails risks together with no assure of rewards, potential loss from slashing or hacks, and depreciation in the value of assets whereas staked.
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