Kraken Delays IPO as Crypto Winter Pressures Valuations
Why Has Kraken Paused Its IPO Plans? Kraken has delayed its planned initial public offering as weaker crypto market conditions weigh on valuations and investor demand. The exchange’s parent company, Payward, had confidentially filed a draft S-1 with the US Securities and Exchange Commission in November 2025, targeting a public listing in early 2026. The
