Kraken’s Revenue Soars 114% in Q3 2025: A Market-Shaking Performance

Kraken, the US-based centralized exchange, delivered a stunning financial performance in Q3 2025. The company reported a 114% year-over-year increase in revenue, reaching $648 million – a testament to its strategic expansion and market dominance. This remarkable surge is further highlighted by a 106% rise in trading volume, totaling $561.9 billion during the quarter. Kraken’s CEO, David Ripley, continues to drive strategic growth following in the footsteps of previous leadership under Jesse Powell, solidifying the exchange’s position as a leading force in the cryptocurrency market.