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