TechFlow, July 31 — According to Cointelegraph, cryptocurrency exchange Kraken has released its Q2 2025 financial results. The data shows quarterly revenue reached $411.6 million, an 18% year-on-year increase, while adjusted profit came in at $79.7 million, down 7% compared to the same period last year. Trading volume rose 19% year-on-year to $186.8 billion, assets under management grew 47% to $43.2 billion, and account registrations increased 37% to 4.4 million.
Notably, Kraken is seeking to raise $500 million at a $15 billion valuation and plans to conduct an initial public offering (IPO) in 2026. The exchange has recently launched new services including U.S. stock trading, 24/7 foreign exchange perpetual contracts, and tokenized stocks.
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