Kraken parent Payward's Q1 revenue climbs despite crypto market slump

coindesk
2026.05.20 14:40
portai
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Kraken's parent Payward announced Monday that adjusted revenue rose 3% year-over-year to $507 million in Q1 2026 Futures daily average revenue trades climbed 51%, helped by NinjaTrader and expanded derivatives offerings.Adjusted EBITDA fell to $18 million as Payward continued investing in acquisitions, products and infrastructure.