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LATEST NEWS
PUBLISHED
August 14, 2026
Kraken Parent Payward Posts $508M Q2 Revenue, Up 17% Year Over Year
Kraken's parent company Payward reported $508 million in adjusted second-quarter revenue, up 17% from a year earlier, even as platform trading volume fell 13%. Funded accounts jumped 42% to 6.6 million, and non-trading revenue now makes up 60% of the business as the company diversifies ahead of a potential IPO.
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PUBLISHED
July 19, 2026
Kraken says simpler options can unlock crypto's next derivatives market
Kraken rolled out cash-settled, dollar-denominated bitcoin and ether options on Kraken Pro, arguing that clunky product design rather than weak demand has held back crypto options trading. The exchange plans to add an order book and expand the offering to Europe.
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PUBLISHED
July 7, 2026
Crypto exchange Kraken is trying to become a bank in Europe
Kraken is pursuing a full banking license in Europe, targeting Lithuania as its jurisdiction of choice, which would make it the only crypto exchange with such a designation. The push builds on parent company Payward's plan to collect licenses worldwide, following its Federal Reserve payment-rail access and UAE authorization.
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