According to ChainCatcher, citing Decrypt, the cryptocurrency trading platform Kraken has recently initiated a multi-department structural reorganization, reducing redundant positions and strengthening core business lines. Kraken responded that they are preparing for a listing in the United States in 2026, which is the second round of structural reduction after laying off 15% of staff in October 2024, aiming to implement a flattened management approach.
After the U.S. Securities and Exchange Commission (SEC) withdrew its lawsuit against Kraken's parent company Payward Inc. in March, Kraken confirmed its listing plans. Currently, they are consulting with investment banks such as Goldman Sachs and JPMorgan Chase, intending to raise pre-listing expansion funds by issuing $1 billion in bonds. If successful in listing in the United States, Kraken would become the second U.S. cryptocurrency trading platform to go public after Coinbase.
