The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market conditions.

The crypto exchange operator, which confidentially filed for a U.S. listing last November, had already put its IPO plans on hold amid difficult market conditions.

Payward, Kraken's owner, is pushing its IPO to at least Q2 2027 amid weaker crypto prices, trading volumes and demand for new listings.