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🚨 Kraken Parent's Profit Plunges 71% Despite Record User Growth
@Payward , the parent of @krakenfx , reported $508M in adjusted Q2 revenue, up 17% YoY, but
BWB News TV • 2026-08-14 11:37 UTC • By Billy Odell Tucker-Robinson
🚨 Kraken Parent's Profit Plunges 71% Despite Record User Growth
@Payward , the parent of @krakenfx , reported $508M in adjusted Q2 revenue, up 17% YoY, but adjusted pretax profit fell 71% to $23M as the crypto market slowdown weighed on trading activity.
The interesting part is on the user sid…
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