Kraken
CompanyKraken is a US-based cryptocurrency exchange, founded in 2011. It is the first cryptocurrency company to obtain a bank charter. In 2025, Kraken began allowing the trading of tokenized equities by non-US customers.
From Wikipedia, licensed under CC BY-SA 4.0. Shown as published there.
Facts
- Country
- United StatesSource: Wikidata
- Founded
- 2011Source: Wikidata
- Founded by
- Jesse PowellSource: Wikidata
- Headquarters
- San FranciscoSource: Wikidata
- Sector
- Cryptocurrency industrySource: Wikidata
- Official website
- www.kraken.comSource: Wikidata
- Wikipedia
- Read on WikipediaSource: Wikidata
Security timeline
- In the news by CryptopolitanAave price forecasts for 2026 to 2032 with recent AAVE market data
- In the news by BeInCryptoKraken parent Payward posts Q3 profit rebound but earnings remain well below last year
- In the news by The DefiantKraken opens Anthropic IPO requests with 5% spread
- In the news by UnchainedKraken parent Payward reports $487m Q3 total platform margin and drops Adjusted Revenue as headline metric
- In the news by UnchainedNakamoto extends 60 million USDT Kraken loan by a year to December 2027
- In the news by CointelegraphKraken parent Payward gains market share as slower trading weighs on earnings
- In the news by CryptopolitanKraken parent Payward's earnings fall as crypto downturn hits trading and lending
- In the news by The BlockHyperliquid overtakes Bybit, Kraken and OKX on open interest as Q3 positions grow 80%
- In the news by The BlockKraken parent Payward reports 66% drop in Q3 adjusted EBITDA
- In the news by CoinDeskKraken parent Payward says non-trading expansion cushions revenue decline
- In the news by CointelegraphNakamoto shares fall 6% premarket after Q3 revenue turns negative
Recent news · 12 stories
Aave price forecasts for 2026 to 2032 with recent AAVE market data
The article is a price-prediction piece on Aave's AAVE token, which it puts at about $98.59 with a market cap of $1.52B and 24-hour volume of $269.23M. Its technical readings are bearish, with the Fear & Greed Index at 13 (Extreme Fear), and it cites a rebound from $96.60 toward $105 to $111 as the levels to watch. The forecasts, which reach a maximum of $480 by 2032, are the author's projections and not outcomes. The piece also notes that Payward, the company behind Kraken, and its clients bought an undisclosed amount of AAVE on the secondary market on 5 November.
Kraken parent Payward posts Q3 profit rebound but earnings remain well below last year
Payward, the parent of the Kraken exchange, reported third-quarter adjusted EBITDA of $60 million, up from $23 million in the second quarter but down 67% year on year, according to a shareholder letter cited by Bloomberg. Average platform assets fell 21% to $43 billion, while funded accounts grew 37% to 7.1 million. Payward also now uses Total Platform Margin as its main measure, and its IPO has no date set.
Kraken opens Anthropic IPO requests with 5% spread
Kraken has opened requests for Anthropic IPO allocations to eligible clients, with a 5% spread. Clients can seek ANTx tokens backed by shares rather than holding stock directly. Requests reserve funds and may receive no allocation.
Kraken parent Payward reports $487m Q3 total platform margin and drops Adjusted Revenue as headline metric
Payward, the parent of Kraken, published Q3 highlights on 13 November led by total platform margin (TPM) of $487 million, up 12% on Q2 but down 12% year on year. The company says it no longer uses Adjusted Revenue to judge results, though it still shows that figure, which was $553 million for Q3. Adjusted EBITDA was $60 million, against $23 million in Q2 and $181 million a year earlier.
Nakamoto extends 60 million USDT Kraken loan by a year to December 2027
Nakamoto Inc. (NAKA) amended its Kraken loan on 11 November, moving 60 million of the 165 million USDT outstanding from December 2026 to December 2027. The remaining 105 million stays due on 30 June 2027, so no principal is due this year. Kraken now counts the net value of Nakamoto's derivatives toward its collateral tests.
Nakamoto pushes $60M Kraken loan repayment to December 2027
Nakamoto's subsidiary Nakamoto Holdings amended its Kraken loan, moving the $60 million maturity from 4 December 2026 to 4 December 2027. The remaining $105 million is due on 30 June 2027, so no principal is scheduled to mature in 2026. The company can now count the net value of its bitcoin derivatives in its pledged Kraken account as collateral, subject to limits.
Kraken parent Payward gains market share as slower trading weighs on earnings
Payward, the parent company of Kraken, saw its adjusted EBITDA fall 66% year on year to $60 million. Its share of global spot trading nearly doubled and its fee-based services expanded, but slower trading activity weighed on earnings.
Kraken parent Payward's earnings fall as crypto downturn hits trading and lending
Payward, the parent of Kraken, reported adjusted EBITDA of $60 million for Q3 2026, down 67% year on year, as trading volume fell 30% to $353 billion and platform margin dropped 12% to $487 million. Funded accounts rose 37% to 7.1 million. Kraken also extended Nakamoto Inc.'s repayment terms, and Bloomberg reports Payward's planned stock listing may not happen before next year.
Hyperliquid overtakes Bybit, Kraken and OKX on open interest as Q3 positions grow 80%
Hyperliquid's share of open interest reached 11.7% across the platform and eight major centralised rivals, according to The Block, and it has overtaken Bybit, Kraken and OKX on that measure. The report says its Q3 positions grew 80%.
Kraken parent Payward reports 66% drop in Q3 adjusted EBITDA
Payward, parent of the Kraken exchange, reported third-quarter adjusted EBITDA of about $60 million, down roughly two-thirds year over year. Funded accounts grew 37% over the same period. The company also plans US prediction markets and a personal finance AI agent.