[Kraken's parent company Payward's adjusted EBITDA fell 67% year-over-year in Q3] According to Bloomberg, Kraken's parent company Payward disclosed in its shareholder letter that its adjusted EBITDA for the third quarter was $60 million, a 67% decrease year-over-year. Total Platform Margin (replacing the previous adjusted revenue metric) was $487 million, a 12% decrease year-over-year. Platform transaction volume was $353 billion, a 30% decrease year-over-year. The number of accounts with balances increased by 37% year-over-year, reaching 7.1 million. Compared to the second quarter, adjusted EBITDA increased by 163%, and total platform margin increased by 12%. Payward is expanding its tokenized stock business and plans to launch on-chain perpetual contracts in the US, subject to regulatory approval. The company agreed to acquire Saldo Bank in October and plans to enter prediction markets and issue its own tokens, without disclosing specific timelines.