Kraken Parent’s Profit Rebound Still Leaves a Wide Gap Before Its IPO

Kraken parent Payward said clients kept adding assets for 12 straight months, even as those holdings lost dollar value. Its adjusted earnings rose to $60 million in the third quarter, up from $23 million in the second. However, that was still 67% below a year earlier, Bloomberg reported, citing a shareholder letter. These are its The post Kraken Parent’s Profit Rebound Still Leaves a Wide Gap Before Its IPO appeared first on BeInCrypto.