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Kraken· 2025-10-22 14:03
Q3 2025 results underscore Kraken’s pace in delivering results while building a single digital network where capital moves seamlessly across asset classes, time zones and use cases.This is more than an evolution; it’s the foundation of a new global operating system built for openness, speed, and scale.https://t.co/roAKYGJfrQ ...
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Kraken· 2025-10-22 14:03
Product Innovation & Expansion - Launched @xStocksFi, expanding product offerings [1] - Introduced U S regulated derivatives, entering a new market segment [1] - Launched Perpetual futures for retail users, catering to a broader audience [1] - Introduced Kraken Launch, details unspecified but suggests new initiative [1] Strategic Acquisitions - Acquired @Capitalise_ai to integrate no-code automation into @KrakenPro, enhancing user experience [1] - Acquired @BreakoutProp, details unspecified but suggests strategic expansion [1] Regulatory Compliance & Security - Became the first major exchange to fully adopt DV (Data Validation or similar), emphasizing security and compliance [1] Global Expansion & Accessibility - Established new local funding rails in Argentina and Mexico, expanding global reach [1] - Enabled PayPal-enabled USD deposits, improving user accessibility [1]
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Kraken· 2025-10-22 14:03
Financial Performance - Revenue reached $648 million, a 50% increase quarter-over-quarter (QoQ) [2] - Adjusted EBITDA totaled $178.6 million, up 124% QoQ [2] - Total platform volume amounted to $561.9 billion, reflecting a 23% QoQ growth [2] - Assets on the platform reached $59.3 billion, a 34% increase QoQ [2] User Growth - Funded accounts reached 5.2 million at the end of the quarter [2] Strategic Direction - The company aims to accelerate the transition to an open, digital financial system [1]
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Kraken· 2025-10-21 21:09
RT Dave Ripley (@DavidLRipley)This panel hosted by the American Bankers Association said allowing companies like @krakenfx or @coinbase to pay interest on stablecoins would be “a detriment.”A detriment to who?Healthy competition is the bedrock of a free market and free markets benefit actual consumers and businesses. Consumers should have the freedom to choose where they hold value and the most efficient way to send that value.The reality is that regulatory moats do exist and they do work to enrich the comp ...