TechFlow reports that on February 3, Payward (Kraken’s parent company) announced its fiscal year 2025 financial results: adjusted revenue reached $2.2 billion (up 33% year-on-year), and adjusted EBITDA totaled $531 million (up 26% year-on-year). Platform trading volume surpassed $2 trillion (up 34% year-on-year); platform assets amounted to $48.2 billion (up 11% year-on-year); and funded account numbers increased to 5.7 million (up 50% year-on-year).
The company also clarified its strategic positioning as a unified infrastructure layer—supporting Kraken and its portfolio of products, including NinjaTrader, Breakout, and xStocksFi, through shared global liquidity pools, risk engines, settlement systems, and compliance frameworks—and plans to launch additional new products in the future.
