Some important info Kraken announced yesterday that it’s pausing the IPO process (not canceling). The reason might be due to a relatively negative outlook on the crypto market. Forcing it through could lead to a series of issues. Keep an eye on Kraken’s updates regarding the IPO to gauge when the crypto market might exit the bear phase from an institutional perspective. ———— OKX’s listing might take Kraken’s IPO pause into consideration for its own plans.