Kraken parent Payward posts 66% drop in Q3 adjusted EBITDA, plans US prediction markets and personal finance AI agent
By James Hunt
Kraken parent Payward’s third-quarter adjusted EBITDA fell about two-thirds year over year to $60 million, while funded accounts grew 37%.
Read it in your languageMachine translation by Google of the publisher's page
More in Markets
From the blog
crypto economy
Yuki Yamamoto4 min read
Western Europe Crypto Economy Hits $2.08T Amid 131% Stablecoin Rise
Western Europe's digital asset ecosystem expanded to $2.08 trillion, driven by a 131% increase in stablecoin adoption that defied a…
Yuki Yamamoto4 min read
Binance hackYuki Yamamoto4 min read
DOJ Seeks Recovery of $1.2B in Stolen Binance Crypto
The US Department of Justice has secured court authorization to seize over $1.2 billion in cryptocurrency tied to the Binance…
Yuki Yamamoto4 min read
Crypto TradingYuki Yamamoto3 min read
Payward Diversifies Beyond Crypto as Kraken Revenue Drops 12%
Kraken parent Payward reported a 12 percent year-over-year drop in third-quarter platform margin to $487 million due to weaker crypto…
Yuki Yamamoto3 min read