Kraken exchange is reportedly in talks to secure over $100 million in a pre-initial public offering (IPO) funding round. This move comes amid a resurgence in the cryptocurrency market, with digital assets nearing all-time highs and a perceived easing of regulatory pressure against cryptocurrencies in the US. Kraken has been openly discussing the possibility of an IPO since at least 2021 and has been expanding its offerings in recent months. The company has received inquiries from potential investors and is considering a final funding round before potentially entering the public market.