Kraken parent Payward reports 66% drop in Q3 adjusted EBITDA
MARKETSKrakencoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
Payward, the parent of Kraken, posted third-quarter adjusted EBITDA of about $60 million, a year-over-year decline of roughly 66%. Funded accounts rose 37%. The company also outlined plans for US prediction markets and a personal finance AI agent; the article gives no further detail on timing or figures for these.
For experienced traders · 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