Kraken Parent Payward Reports 17% Revenue Growth Amidst Declining Trading Volume

2026-08-27

Payward, the parent company of cryptocurrency exchange Kraken, achieved a 17% revenue increase in the second quarter. This growth occurred despite a decline in crypto spot trading activity, driven by a significant rise in funded accounts and diversification of revenue streams.

Source: CoinTelegraph

Reported by VERA Newswire.