Kraken reports revenue more than doubled in Q3
Strategic acquisitions and new products drive strong growth as Kraken expands US derivatives trading and adds digital asset offerings.
Kraken, a crypto exchange, reported that its revenue more than doubled in the third quarter compared to the same period last year. The company has expanded its trading offerings through strategic acquisitions and new product launches.
In 2025, Kraken acquired The Small Exchange to facilitate its expansion into US derivatives trading, enhancing its offerings for eligible clients. The exchange also introduced new perpetual futures contracts, providing users with increased buying power options directly tied to market movements.
Kraken’s growth reflects rising demand for digital asset trading as more investors enter the market.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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