Kraken Q1 Earnings: Wall Street’s Whales Are Nervous—and With Good Reason 🐙💰
Those clever souls at Kraken have managed a neat 19% year-over-year bump in revenue. Not too shabby, considering the last quarter was so dazzling that most other firms were left looking like Bertie Wooster at a chess competition—hopelessly lost. Revenues did tiptoe down by 7% compared to the previous quarter, but please, don’t go fainting on the chase lounge just yet: trading volume pirouetted upwards by 29% over last year, and the number of funded accounts saw a 26% leap, presumably as everyone and their dog, cat, and possibly pet iguana trundled aboard the adoption bandwagon.







