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Kraken cut ~150 staff after AI tools improved efficiency and its IPO

Source: Kraken cut ~150 staff after AI tools improved efficiency and its IPO may be delayed until late 2026 or early 2027 due to a drop in digital-asset prices

Kraken, one of the world's oldest cryptocurrency exchanges, has cut some staff to reduce costs and may not go public as soon …

Source: Bloomberg · Opens in new tab