- Kraken reported third-quarter revenue of $648 million.
- This represents a 114% increase compared to the same period last year.
- Third-quarter EBITDA was $179 million, and the profit margin was 27.6%.
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Cryptocurrency exchange Kraken recorded strong results for this year's third quarter.
On the 26th (Korea time), Kraken said on its official website that Kraken's third-quarter operating profit was $648 million, an increase of 114% compared to the same period last year. This is the largest quarterly result on record.
Kraken's third-quarter EBITDA (earnings before interest, taxes, depreciation, and amortization) was $179 million, and the profit margin was 27.6%.
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