Payward postpones its IPO to Q2 2027
#Payward , the parent company of crypto exchange #Kraken , has postponed its highly anticipated IPO until next year. Payward initially paused its IPO plans in March as falling crypto prices, trading volumes, and valuations weakened market conditions. The company had confidentially filed a draft S-1 with the SEC in November 2025, shortly after raising $800M at a $20B valuation.
Co-CEO Arjun Sethi had confirmed the IPO remained on track just weeks before the delay, highlighting continued uncertainty in the crypto listing market even for one of the industry’s largest exchanges.
👉 coindesk.com/business/2026/09/02/kraken-parent-payward-pushes-ipo-back-to-mid-2027-at-earliest
#Payward , the parent company of crypto exchange #Kraken , has postponed its highly anticipated IPO until next year. Payward initially paused its IPO plans in March as falling crypto prices, trading volumes, and valuations weakened market conditions. The company had confidentially filed a draft S-1 with the SEC in November 2025, shortly after raising $800M at a $20B valuation.
Co-CEO Arjun Sethi had confirmed the IPO remained on track just weeks before the delay, highlighting continued uncertainty in the crypto listing market even for one of the industry’s largest exchanges.
👉 coindesk.com/business/2026/09/02/kraken-parent-payward-pushes-ipo-back-to-mid-2027-at-earliest
