Wu Blockchain (@WuBlockchain): Kraken reported Q3 revenue of $648 million, up 114% year-on-year, marking an all-time high. Adjusted EBITDA reached $179 million with a profit margin…
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Kraken reported Q3 revenue of $648 million, up 114% year-on-year, marking an all-time high. Adjusted EBITDA reached $179 million with a profit margin of 27.6%. The exchange said the surge was driven by its 2025 acquisitions and ongoing IPO preparations. https://t.co/9BITUvrhdb(net%20of,and%20breadth%20of%20our%20platform.