revenue increase
Kraken, a US-based cryptocurrency exchange, experienced a significant 114% increase in revenue in the third quarter compared to the same period last year. The platform also reported a corresponding 106% growth in its total trading volume year-over-year. This substantial rise in both revenue and trading activity reflects increased user engagement and market activity on Kraken’s platform. The exchange’s performance highlights its position within the competitive cryptocurrency market, showcasing the demand for its services among traders. The year-over-year growth figures indicate a robust expansion strategy that may continue to attract more users in the future.
