Kraken Cuts 150 Workers After Deploying AI; IPO May Slip to 2027

Kraken Cuts 150 Workers After Deploying AI; IPO May Slip to 2027

Kraken, one of the world’s oldest cryptocurrency exchanges, has cut some staff to reduce costs and may not go public as soon as initially expected due to a sharp decline in digital-asset prices, according to a person familiar with the matter.

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