Kraken is restructuring departments to prepare for a U.S. IPO scheduled for 2026. Co-CEOs Dave Ripley and Arjun Sethi are spearheading these changes aimed at improving efficiency and competitiveness. The restructuring includes lay-offs and the removal of redundant roles, while strengthening key business areas. Kraken is also partnering with Goldman Sachs and JPMorgan to secure $1 billion in bonds for financial stability ahead of the IPO. These strategic moves aim to bolster Kraken's market position and enhance its appeal to investors as it seeks compliance with regulations. Similar trends are observed among rivals like Coinbase, reflecting the industry's shift toward traditional financial support. Full story here: https://coincu.com/333238-kraken-restructuring-2026-ipo
