PANews|5月 21, 2026 05:22
[K33 Q1 Revenue Approximately $79.24 Million, Up 73% QoQ]
K33 released its Q1 2026 report, showing that despite an overall decline of approximately 15% in spot market trading volume during the first quarter of 2026, the company achieved revenue of 740 million SEK (approximately $79.24 million), representing a 64% year-over-year increase and a 73% quarter-over-quarter increase. Trading activity on K33 Markets remained robust throughout the quarter, reflecting its sustained operational momentum and increased trading activity from large clients and counterparties. This quarter, K33 launched a cryptocurrency-backed lending business, completed a major platform upgrade with full banking integration, and expanded its Bitcoin operations by acquiring a 46% stake in Sixty Six Capital.
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