Kraken Reports $412M Q2 Revenue Amid Market Volatility and Product Expansion
In the second quarter of 2025, Kraken made $412 million. This was an 18% year-over-year growth for the cryptocurrency exchange, but a 13% quarterly loss. On the other hand, adjusted EBITDA fell to $79.7 million from $85.5 million, a decline of 7%. Although activity slowed quarter-over-quarter due to market volatility
