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Kraken Crushes Q1: Revenue Surges 19% to $472M as Traders Flood Back
Kraken Crushes Q1: Revenue Surges 19% to $472M as Traders Flood Back
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Exchange defies crypto winter with 29% trading volume spike—turns out even Wall Street’s ’risk-off’ crowd can’t resist chasing volatility.
Key takeaways:
- Revenue rockets past analyst estimates, hitting $472 million
- Trading volumes rebound sharply after 2024’s market doldrums
- Institutional inflows likely driving growth (or as we call it in crypto: ’whale feeding season’)
Bottom line: While traditional banks nickel-and-dime customers with ’maintenance fees,’ Kraken proves digital assets still print money the old-fashioned way—by actually providing value.
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