Kraken Reports 19% Revenue Growth in Q1 2025: Driven by Market Expansion and Acquisitions

Kraken, a leading cryptocurrency exchange based in the United States, saw its revenue soar by 19% in the first quarter of 2025. This impressive performance was fueled by an expanded user base and strategic acquisitions, including the NinjaTrader acquisition. The company’s trading volume increased by 29%, further contributing to this financial success. 2026 will see Kraken launch an initial public offering (IPO), showcasing its confidence in market growth and potential for investor appeal.