Kraken parent Payward says non-trading expansion cushions revenue decline
MARKETSKrakencoinbrief/daily · 1 source
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What happened
Payward, parent of Kraken, reports that earnings and a newly introduced financial performance measure remain below year-earlier levels. It credits expansion outside crypto trading with cushioning the revenue decline and says there are signs of improvement from the second quarter. The article gives no specific figures, so the scale of the decline and the new metric's definition are unclear.
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CoinDesk