According to Payward, the parent company of Kraken, the adjusted revenue for the first quarter of 2026 was $507 million, a year-on-year increase of 3%; Adjusted EBITDA is $180 million; The total trading volume of the platform is 357 billion US dollars. As of March 31st, the platform's asset size reached 40 billion US dollars, a year-on-year increase of 11%; The number of capital injection accounts increased by 47% year-on-year to 6.1 million. The price of Bitcoin fell by 22%, and the total market value of the cryptocurrency market fell by 23%, but Kraken's spot market share increased from about 3.5% in mid-2025 to 5.2% in March. The daily trading volume of futures increased by 51% year-on-year, driven by NinjaTrader and Breakout businesses. Completed the acquisitions of Backed and Magna in the first quarter, completed the $550 million acquisition of Bitnomial in May, and announced the acquisition of Reach for up to $600 million, expected to be completed in the second half of 2026.
