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Kraken Achieves $1.5 Billion Revenue Last Year... 128% Increase from Previous Year

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JH Kim
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  • Kraken's revenue last year increased by 128% from the previous year, reaching $1.5 billion.
  • Kraken's 2024 EBITDA was reported to be $330 million.
  • This is an important indicator of Kraken's growth in the cryptocurrency market.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to Cointelegraph, a cryptocurrency-focused media outlet, on the 31st (local time), the U.S. cryptocurrency exchange Kraken announced its 2024 performance, reporting a revenue of $1.5 billion, a 128% increase from the previous year.

Furthermore, the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for 2024 was recorded at $330 million.

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reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.