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Kraken Posts 19% Revenue Surge to $472M in Q1 as Trading Volume Climbs 29%
Kraken Posts 19% Revenue Surge to $472M in Q1 as Trading Volume Climbs 29%
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Crypto exchange Kraken just flexed its muscles—revenue hit $472 million in Q1, up 19% quarter-over-quarter. Trading volume followed suit, jumping 29% as traders piled back in (probably chasing the latest meme coin).
Wall Street analysts scrambling to explain how a ’niche’ asset class keeps printing these numbers. Meanwhile, Kraken’s balance sheet quietly outperforms half the S&P 500.
Pro tip: When your ’volatile’ crypto exchange grows faster than your ’stable’ traditional brokerage, maybe question your life choices.
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