Republic Europe, the European arm of the investment platform, has launched a groundbreaking Special Purpose Vehicle (SPV) on January 26, 2026, in London. This financial vehicle is designed to provide European retail investors with indirect equity exposure to the cryptocurrency exchange Kraken ahead of its anticipated initial public offering (IPO) in the United States.
The initiative is being hailed as a "first-of-its-kind" opportunity for European investors, democratizing access to high-growth, private-market investments that have traditionally been reserved for institutional and accredited investors. The SPV effectively pools capital from retail participants to acquire a stake in Kraken, allowing them to financially participate in the exchange's growth prior to it becoming a publicly traded company.
Theodora Bishop, Senior Investment Manager at Republic Europe, emphasized the significance of the move, stating: "With many companies staying private for longer, the most significant wealth creation opportunities do not enable access for the masses. The launch of the Kraken SPV offers a rare opportunity: enabling the community to take an indirect financial interest in a global leader shaping the future of finance. This marks a defining moment for Republic Europe, and investors, as we bring private-market quality into the public sphere."
Experts suggest this strategic shift could reshape investor expectations and increase market participation by offering a unique entry point into the equity of a major player in the cryptocurrency industry. The offering provides exposure to Kraken's business performance rather than direct cryptocurrency investments, which may attract traditional investors seeking returns potentially insulated from the volatility of crypto asset prices.
