Kraken's Q1 revenue reached US$472 million, up 19% year-on-year
Reprinted from panewslab
05/02/2025·1MPANews reported on May 2 that according to The block, Kraken's revenue in the first quarter of 2025 jumped to $472 million, an increase of 19% from the same period last year, mainly due to the surge in market volatility in the first quarter (the first 100 days of President Trump's second term). The company's adjusted EBITA (EBITA) rose 17% year-on-year to US$187.4 million, while the total exchange trading volume increased by 29% during the same period.
