
Crypto broker and exchange Kraken posted a strong 2025, with revenue surging 33% to $2.2 billion. The jump comes as the company prepares for a widely anticipated public listing.
Key figures from the report show a platform in growth mode:
- Trading volume spiked 34% to $2 trillion.
- Assets held on the exchange rose 11% to $48.2 billion.
- Funded accounts grew by half, reaching 5.7 million.
Co-CEO Arjun Sethi called the results “well balanced,” with revenue split nearly evenly between trading fees and asset-based services like staking.
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IPO plans and expansion
Kraken filed confidentially for a U.S. IPO last November. It is also expanding in Europe, having recently acquired a Cyprus broker to offer services like crypto perpetual contracts there.
Beyond its core exchange, Kraken is seeing rapid growth in new areas like tokenized stocks, which surpassed $5 billion on its platform shortly after launch.
Why trade with Kraken?
With its strong financials, global regulatory expansion, and a focus on building a diversified, efficient platform, Kraken offers traders a robust and growing ecosystem for crypto and beyond.