Kraken's parent company Payward has postponed its IPO to as early as Q2 2027

Odaily News U.S. crypto exchange Kraken's parent company, Payward, has postponed its IPO plans to as early as Q2 2027. Payward had previously filed its S-1 registration statement confidentially but subsequently shelved the listing plans due to unfavorable market conditions.

Meanwhile, Payward is expanding its business footprint through acquisitions, having completed deals this year for derivatives platform Bitnomial and stablecoin payment platform Reap, as well as agreeing to acquire Magic Labs' wallet infrastructure business, driving Kraken's transformation from a crypto exchange into a broader financial services platform. (CoinDesk)