Kraken freezes IPO plans due to difficult market conditions

By: rootdata|2026/03/19 00:42:00
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According to CoinDesk, cryptocurrency exchange Kraken has frozen its IPO plans due to difficult market conditions and may consider restarting once the market improves.

Insiders revealed that Kraken's parent company Payward secretly submitted an S-1 registration draft to the U.S. Securities and Exchange Commission (SEC) on November 19 last year. The pause is mainly due to the continuous decline in the crypto market since btc-42">Bitcoin reached its all-time high last October, with shrinking trading volumes and cautious investor sentiment.

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