EBITDA for the quarter reached $187.4 million, a 17% increase. Trading volume rose 29% amid a 35% rally in Bitcoin prices. Launch of institutional FIX API boosted futures volumes by 250%. Kraken, one of the longest-operating cryptocurrency exchanges in the United States, reported a 19% year-on-year increase in revenue for the first quarter of 2025, reaching $472 million. The jump in trading activity followed heightened price volatility across the crypto market, largely driven by the return of Donald Trump to […]