BlockBeats news, on May 2, according to The Block, Kraken's revenue for the first quarter of 2025 was $472 million, a year-on-year increase of 19%, primarily driven by market volatility in the 100 days leading up to Trump's second term. Kraken plans to go public in the first quarter of 2026; the company recently acquired NinjaTrader, enabling it to offer derivatives trading services in the United States. Additionally, Kraken has expanded into the stock and ETF trading space through a partnership with brokerage Alpaca.
Kraken's Q1 2025 revenue reaches $472 million, a year-on-year increase of 19%
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