Kraken Revenue Rises to $411.6 Million in Q2, Up 18% From Last Year
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12 Articles
Kraken’s Q2 Earnings Dip as Exchange Expands Beyond Crypto
The post Kraken’s Q2 Earnings Dip as Exchange Expands Beyond Crypto appeared on BitcoinEthereumNews.com. Kraken reported $411.6 million in revenue for the second quarter of 2025, an 18% increase compared to the same period last year, according to its earnings release. However, the exchange’s adjusted earnings declined 7% year-over-year to $79.7 million, down from $85.5 million in Q2 2024. According to figures released on Wednesday, trading volum…
LATEST: Kraken Reports 18% Revenue Growth in Second Quarter Performance
Kraken reported strong performance in Q2 with revenue rising 18% year-on-year to $411.6 million signaling growing momentum in the crypto market. Adjusted EBITDA fell 7% to $79.7 million due to market turbulence and macroeconomic uncertainty. Despite this total exchange volume jumped 19% year-over-year to $186.8 billion while platform assets grew 47% to $43.2 billion. The exchange also saw its stable-fiat spot volume share increase from 43% to 68…
Kraken Reports Revenue Growth but Faces Profit Dip Amid Market Headwinds
The firm brought in $411.6 million in revenue during the second quarter, marking an 18% rise compared to the same period last year. However, adjusted EBITDA declined by 7%, landing at $79.7 million. Kraken attributed the drop to a slowdown in trading momentum following a strong first quarter, citing uncertainty tied to U.S. tariff policy and overall macroeconomic fragility. While total exchange volume surged 19% year-over-year to $186.8 billion,…
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