Kraken parent Payward's Q1 revenue rises 3% as crypto trading slows

CoinDesk Staff

(01:41 PM UTC)

1 min read

Kraken parent Payward's Q1 revenue climbs despite crypto market slump

Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Kraken's parent Payward reported first-quarter adjusted revenue of $507 million, up 3% from a year earlier, as the crypto infrastructure and trading firm expanded beyond spot crypto…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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