The probability of Kraken IPOing in 2026 on Polymarket has fallen to 29%, a 51% drop in the last 24 hours.

According to monitoring by Odaily Seer, data from Polymarket shows that the probability of Kraken's IPO in 2026 has dropped to 29%, a 51% decrease in the past 24 hours, with a trading volume of nearly $350,000. Kraken has disclosed that it has suspended its IPO plans due to challenging market conditions. Previously, Kraken's parent company filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission last November, outlining its initial public offering of common stock, reportedly valuing the company at $20 billion. Odaily Seer continues to monitor the prediction market, anticipating changes before pricing.