Kraken Exchange Revenue Triples as IPO Plans Advance
The post Kraken Exchange Revenue Triples as IPO Plans Advance appeared on BitcoinEthereumNews.com. Terrill Dicki May 13, 2026 05:10 Kraken’s revenue tripled to $2.2B in 2025, fueled by trading volume and acquisitions, as the exchange nears its US IPO launch. Kraken, one of the largest cryptocurrency exchanges in the U.S., is gearing up for a public listing while reporting significant financial growth. The exchange’s adjusted revenue soared from $0.7 billion in 2023 to $2.2 billion in 2025, with $531 million in EBITDA last year, according to a new report. This growth has been driven by a combination of surging trading volumes and aggressive acquisitions. Kraken averaged $1.07 billion in monthly spot trading volume during the first four months of 2026, with weekdays seeing significantly higher activity than weekends. Perpetual futures trading lagged behind, averaging $0.68 billion monthly over the same period. February 5, 2026, marked a standout trading day as Bitcoin p