Kraken reports revenue more than doubled in Q3
Crypto Briefing
Kraken's third-quarter revenue more than doubled year-over-year, driven by strategic acquisitions and new products.Summary
Kraken, a cryptocurrency exchange, announced that its revenue in the third quarter more than doubled compared to the previous year, signaling robust growth. This expansion was fueled by strategic acquisitions and the launch of new products. Notably, Kraken acquired The Small Exchange in 2025 to facilitate its entry into US derivatives trading for eligible clients. Furthermore, the exchange introduced new perpetual futures contracts, offering users enhanced leverage options tied directly to market fluctuations. This strong performance reflects the increasing demand for digital asset trading as more investors participate in the market.
(Source：Crypto Briefing)