3
key takeaways
- Crackon is demanding a potential IPO to raise $ 500 million at a valuation of $ 15 billion.
- The company targets a Q1 2026 public debut, pending regulator clarity.
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Crypto Exchange Crackon is demanding to raise $ 500 million in a new funding round, which would give importance to the company in $ 15 billion, stated on Tuesday.
Possible steps come when Crackon prepares for a potential public public offering (IPO), as in Bloomberg’s report in March, the Q1 2026, in the form of Bloomberg report.
While the Executive has not officially confirmed its IPO plans, CEO Arjun Sethi said at that time that the crackers would go to him.
Last year, a separate Bloomberg report stated that the crackon was interacting to raise more than $ 100 million $ 100 million $ 1 billion through a mixture of loan and equity based on market conditions.
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