The filing was made on Form S-1 and marks the company’s first formal step toward a public listing.
The cryptocurrency exchange said key details, including the number of shares to be offered and the price range, have not yet been determined.
The IPO is expected to take place once the SEC completes its review process, subject to market conditions and other factors.
Kraken emphasised that the announcement does not constitute an offer to sell securities, nor a solicitation of an offer to buy them.
Any future sale of shares would be conducted in accordance with the requirements of the Securities Act of 1933.
The statement was issued in compliance with Rule 135, which allows companies to disclose the filing of a registration statement without triggering offer-related restrictions.
The submission comes amid increasing regulatory clarity for major digital-asset firms in the United States and follows Kraken’s continued expansion of trading products and regulatory licences globally.
The exchange is one of the longest-operating crypto platforms in the industry and has been preparing for a potential public listing for several years.
