Kraken Revenue Soars 124% in Q3, Eyes Potential IPO 🚀

Crypto exchange Kraken reported a 124% jump in quarterly revenue, reaching $178.6 million in adjusted earnings before taxes and other items. Trading volume surged 23% to $561.9 billion, marking one of the exchange’s strongest performances to date.

The impressive growth comes as Kraken prepares for a possible IPO, signaling renewed investor confidence and expanding user activity amid improving market sentiment.

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