Kraken shelves IPO plans amid market headwinds: CoinDesk
Kraken has frozen its multibillion-dollar initial public offering plan, citing difficult market conditions just months after confidentially filing with the SEC. Kraken has halted its plans to go public, according to CoinDesk reporting. The move comes despite the company’s parent filing a draft S-1 registration statement with the SEC in November 2025, signaling serious preparation…