[CRYPTO]■ STORY TIMELINE
KRAKEN CUTS 150 STAFF AS AI BOOSTS EFFICIENCY
Cryptocurrency exchange Kraken has laid off approximately 150 employees following productivity gains from AI tools. The company's planned initial public offering is now expected to be delayed until late 2026 or early 2027.
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Olga Kharif / Bloomberg: Source: Kraken cut ~150 staff after AI tools improved efficiency and its IPO may be delayed unt…