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Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO

crypto CoinDesk By Will Canny Fri, 15 May 2026 14:12:24 GMT 1 min read
Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO

The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.

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