CoinTelegraph
Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report
May 18, 2026
5 Min Read
REAL RATE // REPORTED CONTENT
Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.
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This report was originally published by CoinTelegraph.