（来源：吴说） 吴说获悉，Kraken 母公司 Payward 披露 2025 财年业绩：调整后营收 22 亿美元（同比 +33%），调整后 EBITDA 5.31 亿美元（+26%），平台交易量 2 万亿美元（+34%），平台资产 482 亿美元（+11%）， 有资金账户 570 万（+50%），期货 DARTs 同比增长 119%。Payward 明确自身定位为支撑 Kraken 及 NinjaTrader、Breakout、xStocksFi 等产品的统一基础设施层。 ...

Core Insights - Payward, the parent company of Kraken, reported a fiscal year 2025 performance with adjusted revenue of $2.2 billion, representing a year-over-year increase of 33% [1] - The adjusted EBITDA for the same period was $531 million, reflecting a growth of 26% [1] - The platform's trading volume reached $2 trillion, marking a 34% increase year-over-year [1] Financial Performance - Adjusted revenue: $2.2 billion (+33% YoY) [1] - Adjusted EBITDA: $531 million (+26% YoY) [1] - Trading volume: $2 trillion (+34% YoY) [1] Platform Metrics - Total assets on the platform amounted to $48.2 billion, an increase of 11% [1] - The number of funded accounts grew to 5.7 million, up by 50% [1] - Futures DARTs (Daily Average Revenue Trades) experienced a significant growth of 119% year-over-year [1] Company Positioning - Payward positions itself as a unified infrastructure layer supporting Kraken and other products such as NinjaTrader, Breakout, and xStocksFi [1]

Today, we’re announcing Payward’s FY 2025 financial results—and alongside them, a clearer articulation of Payward’s role as the unified infrastructure layer powering Kraken and a growing family of products, including @NinjaTrader, @breakoutprop , @xStocksFi, and future products yet to be launched.Payward enables each product to be purpose-built for a specific customer segment, regulatory regime, and use case, while operating on shared foundations:∙ One global liquidity pool∙ One risk & margin engine∙ One co ...

Group 1 - Apollo Global Management, Oppenheimer, Jane Street, and HSG invested in Kraken's recent funding round, valuing the company at $15 billion [1] - Kraken closed a $500 million funding round, with participation from institutional players indicating a shift towards the digital asset sector [2] - Kraken is expected to confidentially file for an initial public offering (IPO) with the U.S. Securities and Exchange Commission by year-end, aiming to go public in the first quarter of the next year [4] Group 2 - Kraken has been expanding aggressively, acquiring NinjaTrader for $1.5 billion and Small Exchange for $100 million, which supports the launch of a U.S.-based derivatives platform [5] - The growing institutional and corporate participation in crypto markets has contributed to the increase in major tokens' values, with Bitcoin rising over 20% this year and reaching a record high above $126,000 [6]