Kraken's Q1 2025 revenue reached $472 million, marking a 19% increase year-on-year, driven by significant market volatility. The surge in revenue is attributed to heightened trading activities during President Trump's second term, enhancing Kraken's market presence.
The acquisition of NinjaTrader is highlighted as a strategic move for Kraken, aiming to integrate traditional finance with cryptocurrency trading. This initiative positions Kraken to enhance its institutional-grade trading capabilities and broaden access to derivatives.
Experts predict that the NinjaTrader acquisition will not only boost market engagement but also promote diversification in trading products, solidifying Kraken's position as a leader in a rapidly changing regulatory landscape.
Full story here: https://coincu.com/335275-kraken-q1-2025-revenue-growth