Kraken parent Payward reports 66% drop in Q3 adjusted EBITDA
MARKETSKrakencoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
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.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Watch for launch details on the planned US prediction markets and AI agent.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
The Block