Kraken Reorganizes Staff as Company Preps for Wall Street Debut

Quick Summary:

Kraken made the "difficult decision to eliminate certain roles and consolidate teams where redundancies exist," a spokeperson told Decrypt.

The company also completed a $1.5 billion acquisition of futures trading platform NinjaTrader earlier this year.

Coindesk initially reported on Thursday that “hundreds” of employees have been laid off since Kraken trimmed 15% of its workforce in October.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Vince Dioquino

Category: Crypto

Markets: Estonia

Topics: Layoffs Crypto layoffs Coins Kraken ipo Breaking Push Kraken

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 15:37:01 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 405 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27979562

View Article Analysis

About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 3 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 10 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

Frequently Asked Questions