Kraken Surges in Q1 2025 With 19% Revenue Growth and Strategic Acquisition of NinjaTrader
The post Kraken Surges in Q1 2025 With 19% Revenue Growth and Strategic Acquisition of NinjaTrader appeared on BitcoinEthereumNews.com.
One of the world’s most prominent cryptocurrency exchanges, Kraken, began 2025 with astonishing momentum, delivering an exceptionally strong fiscal performance in the first quarter that really drives home its narrative of resilience and a strategic focus on the rapidly evolving digital asset landscape. The company secured $472 million in gross revenue for Q1 2025, which shot up to a 19% increase on the year while also serving as a not-so-subtle reminder that the market for digital assets—far from a deathbed after last year’s crypto winter—seems to be alive and well. This solid growth at the top line came with similar good results across the important business metrics we track. Kraken’s adjusted EBITDA was $187 million for the quarter, also up 19% year over year. The steady march upward in our earnings is a signal of our disciplined financial management and a sign of our ability to operate in a complex regulatory and competitive environment. Kraken began 2025 with strong momentum, navigating a shifting market to deliver robust topline growth and disciplined execution, as evident in our Q1 financial results: ✅ $472 million gross revenue✅ Adjusted EBITDA of $187 million (+19% YoY)✅ Exchange trading volume… pic.twitter.com/OL8S7jWXbA — Kraken Exchange (@krakenfx) May 1, 2025 Good Trading Volume In Q1, one of the most marked signs of Kraken’s ongoing prosperity came from the surge in exchange trading volume. This significant metric was up 29% year-over-year and put us on a path toward even greater success. It makes us very happy to see the trend in trading volume going in an upward direction because this is a very core business line for us. This is a core business segment for us. It makes us really happy to see that volume going in a good direction. Along with heightened trading activity, there has been astonishing…
Filed under: News - @ May 3, 2025 9:15 pm