Weekly Roundup 06/07/24 (Bitstamp acquired, Paxos launches USDL, Bitcoin miners and AI, Kraken IPO rumors) (EP.534)
On The Brink with Castle Island
Discussion on Kraken's Potential IPO and State Street's Rebuilding of Digital Asset Division
The chapter explores Kraken considering a pre-IPO round after a long desire to go public, with discussions about potential IPO locations and their financial preparations. It also highlights State Street's efforts to strengthen its digital asset division by increasing hiring, reflecting a positive trend in the growing crypto market.
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