Kraken's Record Q3 2025 Revenue
Kraken, a cryptocurrency exchange, reported its strongest financial results ever for the third quarter of 2025.
The exchange posted $648 million in revenue, up 50% from the previous quarter and 114% from a year earlier.
- Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed to $178.6 million.
- Total platform trading volume surged to $561.9 billion in the quarter.
- Assets held on the platform rose to $59.3 billion, up 34% from Q2.
- Kraken’s customer base reached 5.2 million funded accounts by the end of September.
Author's summary: Kraken's Q3 revenue hits $648 million.
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