Kraken launches organizational restructuring to seek listing in the United States by 2026

On April 18th, according to Decrypt, cryptocurrency trading platform Kraken recently launched a multi departmental restructuring, reducing redundant positions and strengthening core business lines. Kraken responded by stating that it is preparing to go public in the United States in 2026. A spokesperson for Kraken stated that this is the second round of structural reduction since the 15% layoff in October 2024, aiming to promote flat management. After the US Securities and Exchange Commission (SEC) withdrew its lawsuit against Payward Inc., the parent company of Kraken, in March, Kraken confirmed its plan to go public. We are currently in talks with investment banks such as Goldman Sachs and JPMorgan Chase to issue $1 billion in bonds for pre IPO expansion financing. If it is successfully listed in the United States, it will become the second US cryptocurrency trading platform to go public after Coinbase.