Episode Details

Kraken’s parent company Payward is crushing it despite a 13% drop in crypto trading volume—revenue surged 17% to $508 million, fueled by 42% growth in funded accounts and a shift toward diversified revenue streams. Now 60% of income comes from asset-based services and beyond, as Payward expands into traditional futures, equities, and tokenized stocks. Strategic acquisitions like NinjaTrader and Bitnomial, plus eyes on Magic Labs’ wallet business, signal a bold move to build a full financial ecosystem—not just an exchange. In a choppy crypto market, Payward’s adaptability is proving to be its biggest asset.

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