Kraken’s Parent Company Sees Revenue Climb Despite Trading Slowdown
Payward, the parent of Kraken, reported a 17% revenue increase in Q2 even as trading volumes dropped, signaling a shift to diversified income.

A former software engineer at a Ethereum-focused startup, Marcus transitioned to journalism in 2020 to cover the rapidly evolving decentralized finance landscape. He is known for breaking stories on protocol exploits, governance battles, and regulatory crackdowns on DAOs. He lives in Singapore and contributes to several open-source research collectives.
Payward, the parent of Kraken, reported a 17% revenue increase in Q2 even as trading volumes dropped, signaling a shift to diversified income.

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