Kraken Reports $472 Million Revenue for Q1 2025

Crypto exchange Kraken announced a significant revenue milestone, recording $472 million in profits for the first quarter of 2025. This achievement marks a 19% increase compared to the same period last year, illustrating Kraken’s sustained market presence amidst competitive pressures and regulatory landscape shifts. The acquisition of NinjaTrader, valued at $1.5 billion, further bolsters Kraken’s strategic expansion, adding futures trading capabilities to its existing offerings.