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KrakenValuation

Kraken's Valuation Takes a Hit: Secondary Market Investors Depreciate Cryptocurrency Exchange Ahead of Public IPO

What happened

Cryptocurrency exchange Kraken's valuation has declined in the secondary market, with its indicative share price dropping approximately 27% from $40.10 to $29.41 in just over a month, according to data from Forge Global.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Kraken's long-awaited plan to become one of the biggest stories in public crypto markets is facing a new test: private investors appear to be cooling on the exchange's valuation. Kraken shares have fallen sharply in the secondary market, according to data from Forge Global, indicating that investor enthusiasm around the cryptocurrency trading platform may be losing momentum after years of aggressive private market valuations. Forge's indicative price for Kraken fell from $40.10 to $29.41 per share, a drop of approximately 27% in just over a month. The Forge price is an estimate based on available primary funding data and secondary market transactions and is not the same as a publicly listed stock price, but it offers a window into how private investors value companies before their introduction to public markets. Read also: Ares Aims for $3.4 Billion Secondary Credit Deal, One of the Largest Private Credit Sales Ever. Kraken, founded in 2011, has emerged as a potential candidate for a future IPO, with investors closely monitoring the possibility for crypto companies to return to public markets with valuations reflecting renewed optimism in the sector. But the recent decline in secondary market prices suggests that private investors may have a more cautious view. Crypto companies, which once benefited from increased investor appetite during the 2021 bull market, are now facing...

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Extracted by Autobound

From the Signal API record
Event
Valuation

What this signalsA higher valuation often comes with plans to spend on growth.

Companies

  • Forge GlobalRelated companyforgeglobal.com

More valuation signals at other companies

The full record

From the Signal API record

Extraction

Confidence
90%
Detected
Jul 29, 2026
signal_type
news
signal_subtype
has_valuation

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d80dea67-bc1d-ed75-b01d-9c734b69d8cc returns this record as JSON. POST /v1/companies/enrich returns every signal for kraken.com.

{
  "signal_id": "d80dea67-bc1d-ed75-b01d-9c734b69d8cc",
  "signal_type": "news",
  "signal_subtype": "has_valuation",
  "detected_at": "2026-07-29T20:05:10+00:00",
  "company": {
    "name": "Kraken",
    "domain": "kraken.com"
  },
  "data": {
    "url": "https://fr.benzinga.com/crypto/la-valorisation-du-kraken-en-prend-un-coup-les-investisseurs-du-marche-secondaire-deprecient-lechange-de-cryptomonnaie-avant-son-introduction-en-bourse-publique/",
    "title": "Kraken's Valuation Takes a Hit: Secondary Market Investors Depreciate Cryptocurrency Exchange Ahead of Public IPO - Benzinga France",
    "excerpt": "Kraken's long-awaited plan to become one of the biggest stories in public crypto markets is facing a new test: private investors appear to be cooling on the exchange's valuation. Kraken shares have fallen sharply in the secondary market, according to data from Forge Global, indicating that investor enthusiasm around the cryptocurrency trading platform may be losing momentum after years of aggressive private market valuations. Forge's indicative price for Kraken fell from $40.10 to $29.41 per share, a drop of approximately 27% in just over a month. The Forge price is an estimate based on available primary funding data and secondary market transactions and is not the same as a publicly listed stock price, but it offers a window into how private investors value companies before their introduction to public markets. Read also: Ares Aims for $3.4 Billion Secondary Credit Deal, One of the Largest Private Credit Sales Ever. Kraken, founded in 2011, has emerged as a potential candidate for a future IPO, with investors closely monitoring the possibility for crypto companies to return to public markets with valuations reflecting renewed optimism in the sector. But the recent decline in secondary market prices suggests that private investors may have a more cautious view. Crypto companies, which once benefited from increased investor appetite during the 2021 bull market, are now facing...",
    "summary": "Cryptocurrency exchange Kraken's valuation has declined in the secondary market, with its indicative share price dropping approximately 27% from $40.10 to $29.41 in just over a month, according to data from Forge Global.",
    "planning": false,
    "image_url": "https://cdn.benzinga.com/files/images/story/2026/07/29/Dhaka--Bangladesh-13-Dec-2024kraken-Is-C.jpg?width=2048&height=1536",
    "confidence": 0.9,
    "published_at": "2026-07-29T20:05:10Z",
    "article_sentence": "Kraken shares have fallen sharply in the secondary market, according to data from Forge Global, indicating that investor enthusiasm around the cryptocurrency trading platform may be losing momentum after years of aggressive private market valuations.",
    "related_company_name": "Forge Global",
    "related_company_domain": "forgeglobal.com"
  }
}

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