Crypto Exchange Kraken Sees Revenue Surge

Kraken Reports Significant Revenue and Trading Volume Growth in 2024

• Kraken’s revenue doubled in 2024, reaching $1.5 billion, a 128% increase from the previous year.
• The company reported $380 million in adjusted EBITDA for the year.
• Total trading volumes for Kraken hit $665 billion in 2024.
• Clients entrusted Kraken with $42.8 billion in assets on the platform.
• The exchange had 2.5 million funded accounts by the end of the year.

In 2024, Kraken experienced substantial growth, doubling its revenue to $1.5 billion and achieving total trading volumes of $665 billion.