Kraken Reports Strong Q1 2025 Performance with $472M Revenue and Strategic NinjaTrader Acquisition

Kraken, a leading cryptocurrency exchange, has announced its Q1 2025 financial results, showcasing robust growth and strategic expansion. The platform reported $475 million in gross revenue, reflecting a 19% year-over-year increase despite a slight 7% sequential decline. Adjusted EBITDA also saw a modest rise of 1%, reaching $184.4 million, highlighting Kraken’s resilience in a stagnant market. Additionally, the exchange’s trading volume surged by 29% YoY, underscoring its strong market position. The completion of the NinjaTrader acquisition further solidifies Kraken’s multi-asset trading strategy, positioning it for future growth in the evolving digital asset landscape.

Kraken Reports $472M Q1 Revenue and Completes NinjaTrader Acquisition

Kraken’s Q1 2025 financial update reveals $475 million in gross revenue, marking a 19% year-over-year growth despite a 7% sequential decline. Adjusted EBITDA ROSE 1% to $184.4 million, demonstrating resilience in stagnant market conditions. Exchange trading volume surged 29% YoY.

The NinjaTrader acquisition advances Kraken’s multi-asset trading strategy. These results showcase the platform’s ability to build through market cycles rather than merely survive them.

T-RIZE Aims to Address G20’s Housing Crisis Through Tokenized Real Estate Infrastructure

The G20 nations are projected to face a staggering shortfall of 35 million homes by 2030, underscoring critical challenges in infrastructure and funding. Rapid urbanization and dilapidated housing stock exacerbate the crisis, creating an urgent need for innovative solutions.

T-RIZE proposes a blockchain-based approach to unlock capital trapped in illiquid real estate assets. By tokenizing real-world property infrastructure, the platform seeks to reduce friction and fragmentation in global housing markets. The initiative aligns with broader trends in asset tokenization, though its efficacy remains untested at scale.

The project’s RIZE utility token is slated for launch on Kraken, marking a significant milestone in its development. This MOVE could potentially provide the liquidity needed to bridge the $10 trillion housing gap while demonstrating the practical application of blockchain technology in traditional finance sectors.