- What is the “Will Kraken IPO by June?” market asking?
- It asks whether the following will happen: Will Kraken IPO by June? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved No on 1 Jul 2024. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This market will resolve to "Yes" if Kraken completes an Initial Public Offering (IPO) by June 30, 2024, 11:59 PM ET, as confirmed by official company announcements or credible news sources. The IPO refers to the first sale of stock by Kraken to the public on any recognized stock exchange. If Kraken merges with another entity, is acquired, or ceases to exist before the market resolves, the market will also resolve to "No". This market will resolve early if Kraken completes an IPO by June 30, 2024, 11:59 PM ET. The resolution source for this market is a consensus of credible reporting.
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
