【Kraken's revenue in the first quarter reached $472 million, driven by fluctuations during Trump's early administration】According to a report by Golden Finance, Kraken stated in its blog that its revenue for the first quarter of 2025 was $472 million, an increase of 19% year-on-year, primarily driven by market fluctuations in the first 100 days of Trump's second term. The exchange plans to go public in the first quarter of 2026. Adjusted EBITDA grew 17% year-on-year to $187.4 million, and trading volume increased by 29%. Kraken stated: "We also surpassed broader industry benchmarks, indicating an expansion of market share and deeper customer engagement." Despite the overall market softening, platform assets continued to grow during the quarter.