Kraken Parent Reports $2.2 Billion Revenue Growth

The parent company of cryptocurrency exchange Kraken, Payward Inc., announced adjusted revenue figures totaling $2.2 billion for the year 2025. This reflects a 33% year-over-year growth attributed to strategic acquisitions and platform diversification.

Key actions involved acquiring NinjaTrader and Breakout, which increased futures revenue significantly. New products like Kraken app and Krak Card with Mastercard were introduced, seeking to enhance their global presence and market influence.

The company’s initiatives led to a 12% increase in platform assets, amounting to over $48 billion. These changes have positively impacted major cryptocurrencies like Bitcoin and Ethereum, reflecting stability and growth within the trading ecosystem.

Business shifts have also contributed to a 50% increase in funded accounts, marking significant customer growth. The company’s structure parallels tech giants, emphasizing scalability and global reach, which sets a promising path for future expansion.

Further enhancements involve diversification into custody, payments, and financing, which constitute 53% of total revenue. The emphasis on broadening financial services may resonate with more users seeking integrated solutions in the cryptocurrency space.

These developments highlight potential regulatory considerations as they diversify services and expand internationally. Historical expansions, such as those seen with major tech companies, suggest strategic advantages in consolidating such shared infrastructures across markets.