Kraken, one of the longest-standing cryptocurrency exchanges in the United States, has announced its financial results for Q1 2025. Revenue was $472 million, a 19% increase from the same period in 2024. However, behind these impressive figures, Kraken and the broader crypto industry still face numerous challenges that require careful analysis to understand prospects better. Overview of Kraken’s Q1 2025 Financial Performance Data from Kraken reveals that its gross revenue reached $472 million, marking a 19% year-on-year growth from 2024
source: https://beincrypto.com/kraken-revenue-hits-472-million/