<ul><li>Kraken, a US crypto exchange, founded by Jesse Powell in 2011, is gaining attention for its secure platform compared to Coinbase.</li><li>While Coinbase is popular and publicly traded, recent news shows Kraken aiming to launch an IPO in Q1 2026, potentially rivaling Coinbase.</li><li>Kraken is exploring a $1 billion debt note with JPMorgan and Goldman Sachs, indicating financial strength for its IPO debut.</li><li>Additionally, Kraken acquired NinjaTrader for $1.5 billion, enhancing its crypto futures trading capabilities.</li><li>The SEC agreed to dismiss a lawsuit against Kraken, signaling a positive shift towards crypto companies under the new administration.</li><li>Kraken's relaunch of crypto staking in Q1 adds to its appeal, offering users the ability to stake coins and earn staking fees.</li><li>Despite Coinbase's larger user base, Kraken competes in daily trading volume and altcoin trading, showcasing its potential to challenge Coinbase's dominance.</li></ul>

5 Ways Kraken Exchange Is Giving Coinbase a Run for its Money

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