Hedgebook
Edition 2026.08.25
KXKRAKENBANKPUBLIC-27JAN01-BOA5.5%5¢ / 6¢KXKRAKENBANKPUBLIC-27JAN01-CITI58.5%22¢ / 95¢KXKRAKENBANKPUBLIC-27JAN01-JPM21.5%19¢ / 24¢KXKRAKENBANKPUBLIC-27JAN01-MS7%6¢ / 8¢KXNATGASD-26AUG2617-T348.5%0¢ / 97¢KXNATGASMON-26AUG3117-T2.9999%8¢ / 10¢KXNGASMAX-26DEC31-P7.0021.5%17¢ / 26¢KXTARIFFRATEPRC-27JAN01-1057.5%53¢ / 62¢KXWTI-26NOV03-T101.998.5%7¢ / 10¢KXWTIW-26AUG2814-T99.990.5%0¢ / 1¢
Core reference market · Revenue State

Morgan Stanley takes Kraken public before Jan. 1, 2027

Will Morgan Stanley take Kraken public before Jan 1, 2027?

Resolves on 2027.01.01. The market trades at 7% as of 2026.08.25 — implying low odds the answer is yes. Morgan Stanley (MS) carries the linked S&P 500 exposure.

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Settlement variable and source

If Morgan Stanley serves as a lead underwriter for Kraken's initial public offering in the United States before Jan 1, 2027, then the market resolves to Yes.

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Linked S&P 500
MSMorgan Stanley
Market map

Referenced companies by sector

1 companies shown · 0 more referenced

Market · Revenue State

Morgan Stanley takes Kraken public before Jan. 1, 2027

7%Current Kalshi probability
Ticker
KXKRAKENBANKPUBLIC-27JAN01-MS
Quote
6¢ / 8¢
Status
Active
Resolution
2027.01.01
As of
Quote as of 2026.08.25 17:38 UTC

Financials

1 referenced
MS$302.6B
Issuer-specific core · 1