Kraken Personal in the midst of alleged exit plans to the US Stock Exchange

The company confirmed the dismissals and indicated that they are part of a plan that began at the end of 2024. He indicated that they are simply optimizing resources, and that they are also hiring personnel in other areas of interest.

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• The company reduces template, but launches products such as trading of shares without commissions.
• Internal reorganization suggests that it prepares for an eventual IPO, as indicated by rumors.
• Kraken He said that as they reduce personnel in certain areas, they are hiring in others of higher priority.

In the midst of his alleged plans to go to the US stock market, the exchange based in San Francisco, Kraken, It has begun to reorganize its internal structure, so it made dismissals in different areas in an effort to optimize resources and align its operation with its new goals.

New round of layoffs in Kraken

According to reports published today, The adjustment is part of a restructuring process that began at the end of 2024, when Kraken He dismissed approximately 400 employees, that is, 15 % of their workforce.

Regarding recent layoffs, a spokesman for Kraken He confirmed the fact, but said the business is expanding. He indicated that the company is hiring in key areas, launching new products quickly, and that income has been significantly increasing. This contrast reflects a trimming strategy that would seek to eliminate excesses, while strengthening in other sectors that are priority.

This reposition occurs while Kraken aggressively expand your product line. In a commitment to diversification, the company acquired in 2024 the trading platform of future retailers Ninjatrader for USD $ 1.5 billion. The acquisition seeks to attract new users interested in traditional assets, beyond the crypto ecosystem.

This year, the company based in San Francisco also began the national deployment of trading of shares and ETF No commissions, covering more than 11,000 instruments listed in the US Kraken Pro and its mobile application.

IPO plans and expansion to international markets

Although Kraken has not officially confirmed his plans to quote on the stock market, recent movements point in that direction. The staff cut, organizational consolidation and expansion to shares and ETFs indicate a preparation to face the scrutiny of investors and regulators, typical steps on the road to an initial public offer.

The influence of President Donald Trump also plays a role in this transition. His promise to promote a more favorable regulatory framework has encouraged crypto companies as Kraken to explore the crossing to traditional markets. According to statements by Arjun Sethi, customers demand an integrated and accessible investment experience 24 hours a day, which makes “natural” the inclusion of actions and currencies on the same crypto platform.

The company has also indicated its interest in expanding this new stock market for international markets, including the United Kingdom, Europe and Australia, which could place Kraken as an international participant in the tokenization of assets and multiactive trading.

Between innovation and consolidation

The bet of Kraken For integrating traditional assets not only seeks to capture new user segments, but also consolidate its position as one of the main financial hubs of the future.

The turn towards the inclusion of actions and ETF can represent both a defensive strategy against platforms and Robinhood, as an offensive to attract institutional capital for a potential IPO.

Kraken, along with Coinbase, Digital Marathon and Bitdeeris part of the group of companies crypto with great expectations in the public market. His recent history suggests that he is drawing the way with firm steps, combining innovation with operational adjustments that allow him to compete in both markets: in the crypto sector and in the traditional space.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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