Kraken, a leading cryptocurrency exchange, announced its Q3 financial results, revealing a record revenue of $648 million, marking a 114% increase year-over-year. The adjusted EBITDA reached $179 million, with a profit margin of 27.6%. Kraken attributed this significant growth to several acquisitions in 2025 and its ongoing IPO plans.
Kraken Reports Record Q3 Revenue of $648 Million, Up 114% YoY
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