TechFlow News, May 18: Payward, Kraken’s parent company, reported that its adjusted revenue for Q1 2026 increased 3% year-on-year to $507 million. During the quarter, daily average futures revenue-generating transactions rose by 51%, enabling the company to maintain growth despite weakening cryptocurrency spot trading volumes. Adjusted EBITDA declined to $18 million, primarily due to continued investments in acquisitions, product development, and compliance infrastructure. Payward stated that total platform trading volume reached $357 billion in Q1; funded accounts increased year-on-year to 6.1 million; and platform assets under management grew to $40 billion. Kraken’s spot market share rose to 5.2% in March.
Add to Favorites
Share to Social Media
