Odaily Seer Channel monitoring shows that, according to Polymarket website data, the probability of the event "Kraken will conduct an IPO in 2026" has dropped to 29%, a 51% decline in 24 hours, with trading volume nearing $350,000.
Kraken disclosed that, due to a challenging market environment, it has paused its IPO plans. Previously, Kraken’s parent company submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission in November last year regarding its initial public offering of common stock, with an estimated valuation of $20 billion.
Odaily Seer continuously monitors prediction markets to see changes before pricing.