[Kraken Co-CEO States Company Has No Plans to Go Public in the U.S.] Kraken Co-Chief Executive Officer Arjun Sethi stated in an interview with Yahoo Finance that the company currently has no plans to go public in the United States. He emphasized that as a private enterprise, Kraken has a well-capitalized balance sheet, strong financial health, and a deep understanding of operational risk management, and will not experience FOMO due to other companies going public. Additionally, Sethi believes that the price volatility of cryptocurrencies is a normal phenomenon experienced by all asset classes. What’s more important is understanding the logic behind investing in assets like Bitcoin ($BTC) and Ethereum ($ETH), and how it relates to the choice of holding dollars or stocks. In September of this year, Sethi had stated that the company is not in a rush to pursue an IPO and plans to make more acquisitions.