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Article Cointelegraph

Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

Cointelegraph May 18, 2026 · 7:14 am Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

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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Article Info
Source Cointelegraph
Published May 18, 2026 · 7:14 am
Article ID dxzboqu
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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