Kraken parent Payward posts $508 million in Q2 adjusted revenue as growth broadens beyond crypto trading

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Payward, the parent company of crypto exchange Kraken, reported adjusted revenue of $508 million in the second quarter, up 17% year-over-year. The number of funded accounts surged 42% to reach 6.6 million. However, trading volume declined 13% to $310 billion. Kraken’s growth is now extending beyond crypto trading, reflecting a diversification of its activities.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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