Kraken parent Payward delays IPO to Q2 2027

Payward, the parent company of U.S. crypto exchange Kraken, has delayed its widely anticipated initial public offering until the second quarter of 2027 at the earliest, according to a source cited by CoinDesk. The operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market conditions. No further details on the reasons for the delay were provided in the initial report.