Payward, the parent company of cryptocurrency exchange Kraken, is delaying its planned initial public offering to no earlier than the second quarter of 2027. The company had previously filed confidentially for a U.S. listing in November, but its IPO timetable is pushed back.
Both outlets describe the delay as linked to challenging market conditions, which have kept the company from moving forward with the earlier schedule. CoinDesk reports that Payward had already put its IPO plans on hold, and Yahoo Finance similarly frames the announcement as a postponement rather than a cancellation.
While the articles focus on the same decision and timeframe, they provide limited additional detail beyond the company’s rationale and the basic status of the IPO process. There are no reported changes to the company’s core plans or a new listing venue in the information provided by these sources.
