Kraken Overhauls Workforce for Growth Amidst IPO Push

Cryptocurrency exchange giant Kraken is undertaking a major restructuring of its workforce, aiming to streamline operations and capitalize on new growth opportunities. The firm’s reorganization comes as it prepares for an anticipated initial public offering (IPO). 1 This strategic shift will enable Kraken to prioritize key areas that support the upcoming IPO, including expanding into traditional finance markets.