Kraken parent Payward posted $508M in Q2 adjusted revenue, up 17%, while adjusted EBITDA fell to $23M as transaction volume declined.

Payward, the parent company of Kraken, reported $508 million in adjusted revenue for Q2, marking a 17% increase. However, adjusted EBITDA fell to $23 million due to a decline in transaction volume.

Payward Q2 revenue hits $508M as EBITDA falls

Kraken parent Payward posted $508M in Q2 adjusted revenue, up 17%, as funded accounts grew 42% to 6.6M and volume fell 13% to $310B.

Kraken parent Payward reported $508 million in Q2 adjusted revenue, a 17% increase, as funded accounts rose 42% to 6.6 million, despite a 13% decline in trading volume to $310 billion.

Kraken parent Payward posts $508 million in Q2 adjusted revenue as growth broadens beyond crypto trading

أبلغت Payward، الشركة الأم لـ Kraken، عن إيرادات معدلة بلغت 508 مليون دولار للربع الثاني، بزيادة قدرها 17%. ارتفعت الحسابات الممولة بنسبة 42% إلى 6.6 مليون، على الرغم من انخفاض حجم التداول بنسبة 13% إلى 310 مليار دولار، مما أثر على EBITDA المعدل، الذي انخفض إلى 23 مليون دولار.

Payward, la empresa matriz de Kraken, reportó ingresos ajustados de 508 millones de dólares para el segundo trimestre, un aumento del 17%. Las cuentas financiadas aumentaron un 42% a 6.6 millones, aunque el volumen de operaciones cayó un 13% a 310 mil millones de dólares, lo que afectó el EBITDA ajustado, que cayó a 23 millones de dólares.

Payward, la société mère de Kraken, a annoncé des revenus ajustés de 508 millions de dollars pour le deuxième trimestre, soit une augmentation de 17 %. Les comptes financés ont augmenté de 42 % pour atteindre 6,6 millions, bien que le volume de trading ait chuté de 13 % à 310 milliards de dollars, ce qui a eu un impact sur l'EBITDA ajusté, qui est tombé à 23 millions de dollars.

Payward Q2 Revenue Reaches $508M Despite Decline in Trading Volume

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Payward Q2 Revenue Reaches $508M Despite Decline in Trading Volume

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Payward Q2 revenue hits $508M as EBITDA falls

Kraken parent Payward posts $508 million in Q2 adjusted revenue as growth broadens beyond crypto trading

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