AiCoin|Feb 03, 2026 14:09
[Payward, Kraken's Parent Company, Releases FY2025 Financial Report, Revenue Reaches $2.2 Billion]
Payward (the parent company of the Kraken exchange) has released its financial performance for fiscal year 2025, reporting adjusted revenue of $2.2 billion, a year-over-year increase of 33%. Adjusted EBITDA reached $531 million, up 26% year-over-year. Platform trading volume surpassed $2 trillion, a 34% increase year-over-year. Platform assets reached $48.2 billion, growing 11% year-over-year. The number of funded accounts rose to 5.7 million, a 50% year-over-year increase. The company has clarified its strategic positioning for a unified infrastructure layer to support Kraken and its products, including NinjaTrader, Breakout, and xStocksFi, with plans to launch more new products.
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