Description
Kraken IPO closing market cap above varying thresholds on Kraken’s first trading day. Markets resolve Yes if the official closing market capitalization equals or exceeds the specified threshold, calculated as outstanding shares times the closing price. If no IPO occurs by December 31, 2026, 11:59 PM ET, the market resolves to No. Resolution follows the primary exchange’s official listing page, with fallback to a reliable source if needed; in case of an abbreviated session, the official closing price for that session applies or, if unavailable, the next full trading day’s closing price.
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Rules
This market will resolve to “Yes” if the official closing price for Krakens’s market capitalization on its first trading day is above the value specified in the title. Otherwise, it will resolve to “No”. If no IPO occurs by December 31, 2026, 11:59 PM ET, this market will resolve to “No”. Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day. Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used. In the event of an interruption in the course of the normal trading session on Kraken’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading.