Kraken Pauses IPO Due to Market Uncertainty: Report

Crypto exchange Kraken has suspended its plans for an initial public offering, sources familiar with the matter told CoinDesk. The company’s parent, Payward, had filed a confidential draft S-1 registration statement with the U.S. Securities and Exchange Commission in November 2025. The filing valued Kraken at $20 billion, following an $800 million funding round that…