Kraken IPO postponed until the second quarter of 2027

The Kraken parent company Payward announced the postponement of its planned first public collection unit (IPO) to the second quarter of 2027, owing to market conditions affecting previous listing plans. Payward initially planned to be publicly listed after the return of the encryption money company to the United States stock market in 2025, but this schedule was made difficult to maintain owing to falling prices of digital assets and reduced trading activity. Payward submitted a confidential S-1 registration statement to the United States Securities and Exchange Commission in November 2025, allowing companies to start the SEC review process without immediate disclosure of the financial statements. Payward ' s financial report for the second quarter showed adjusted income of $508 million, an increase of 17 per cent over the same period。