₿ **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.

🔗 https://www.coindesk.com/business/2026/05/14/kraken-parent-payward-cuts-150-staff-streamlining-business-ahead-of-planned-ipo

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