Kraken revenue surges 128% to $1.5 billion in 2024 amid strategic overhaul

Kraken doubled its revenue in 2024 to $1.5 billion in earnings, a 128% increase from the previous year, according to its latest released financial data. The exchange also disclosed that it holds $4...

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Kraken revenue surges 128% to $1.5 billion in 2024 amid strategic overhaul

Source: CryptoSlate

Kraken doubled its revenue in 2024 to $1.5 billion in earnings, a 128% increase from the previous year, according to its latest released financial data. The exchange also disclosed that it holds $42.8 billion in customer assets, with an average revenue of more than $2,000 per customer. Kraken’s earnings before interest, taxes, depreciation, and amortization […]