Kraken reported a strong second quarter with $411.6 million in revenue, up 18% year-over-year, despite a 7% drop in adjusted EBITDA due to market challenges. The exchange saw a 19% increase in trading volume compared to last year and a 47% rise in platform assets. Kraken is expanding beyond crypto by launching commission-free equities trading in the US and planning tokenized stocks for international investors. Preparing for a $500 million funding round and a potential IPO in 2026, Kraken is positioning itself for long-term growth amid regulatory clarity and industry momentum.
Continue to read Kraken Achieves $411.6 Million Q2 Revenue with Strategic Expansion into Stock Trading
Kraken reported a strong second quarter with $411.6 million in revenue, up 18% year-over-year, despite a 7% drop in adjusted EBITDA due to market challenges. The exchange saw a 19% increase in trading volume compared to last year and a 47% rise in platform assets. Kraken is expanding beyond crypto by launching commission-free equities trading in the US and planning tokenized stocks for international investors. Preparing for a $500 million funding round and a potential IPO in 2026, Kraken is positioning itself for long-term growth amid regulatory clarity and industry momentum.
Continue to read Kraken Achieves $411.6 Million Q2 Revenue with Strategic Expansion into Stock Trading
Yorumlar
Yorum Gönder