Kraken parent Payward revenue rises 17% as trading volume falls in Q2

CryptoInfo Editorial Team · Published on August 14, 2026 at 18:44 · Updated on August 14, 2026 · 1 min read

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Key Takeaways

→Payward's revenue increased by 17% in Q2 despite a decline in trading volume.
→Funded accounts on the platform jumped 42% in Q2, driving revenue growth.
→A growing share of Payward's revenue came from outside of transaction-based activity.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Payward, the parent company of cryptocurrency exchange Kraken, has reported a 17% increase in revenue for the second quarter of the year. Despite a decline in trading volume, the company's revenue grew, driven by a significant increase in funded accounts.

Funded accounts on the platform jumped 42% in Q2, contributing to the revenue increase. Additionally, a growing share of Payward's revenue came from outside of transaction-based activity, helping to offset the impact of weaker crypto spot activity.

This news is based on reporting from CoinTelegraph, which highlights Payward's ability to diversify its revenue streams and adapt to changing market conditions.

Source: CoinTelegraph ↗