Payward, the parent company of Kraken Exchange, has announced its financial results for 2025, revealing a 33% increase in adjusted revenue to $2.2 billion. The company's adjusted EBITDA rose by 26% to $531 million. Trading volume on the platform surpassed $2 trillion, marking a 34% increase, while platform assets grew by 11% to $48.2 billion. Funded accounts saw a significant rise, reaching 5.7 million, a 50% increase from the previous year.
Payward emphasized its strategic role as a unified infrastructure layer, supporting Kraken and its associated products like NinjaTrader, Breakout, and xStocksFi. This is achieved through shared global liquidity pools, risk engines, settlement systems, and compliance frameworks. The company also hinted at the launch of new products in the future.
Kraken Parent Payward Reports 33% Revenue Increase to $2.2 Billion in 2025
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