According to online reports, cryptocurrency trading platform Kraken recently launched a multi-department restructuring to cut redundant positions and strengthen core business lines. Kraken responded that it was preparing for a U.S. listing in 2026. This was the second round of structural cuts since the 15% layoff in October 2024, striving to implement flat management. In March, the U.S. Securities and Exchange Commission issued a statement to its parent company Payward Inc. Kraken confirmed his listing plan after withdrawing the lawsuit and is currently negotiating with investment banks such as Goldman Sachs and JPMorgan Chase to issue US$1 billion in bonds for pre-listing expansion financing. If it is successfully listed in the United States, it will become the second U.S. cryptocurrency trading platform to list after Coinbase.