Kraken's parent company Payward just dropped Q3 numbers:
$60M adjusted EBITDA
163% jump from Q2's $23M
Exchange fundamentals looking solid heading into 2027. CEX profitability = market structure strength.
If you're not watching exchange revenue trends, you're missing macro liquidity signals.
$60M adjusted EBITDA
163% jump from Q2's $23M
Exchange fundamentals looking solid heading into 2027. CEX profitability = market structure strength.
If you're not watching exchange revenue trends, you're missing macro liquidity signals.