Episode
Payward's Q1 Revenue Surge Amid Crypto Slowdown
- Published
- May 18, 2026
- Duration seconds
- 77
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Summary
Payward, parent company of Kraken, reported a 3% revenue increase in Q1, totaling $507 million, despite a slow crypto market. They achieved this by diversifying into futures trading and acquiring companies like Backed and Magna. Despite a 22% drop in Bitcoin, funded accounts rose by 47% and total assets grew by 11% to $40 billion. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/51738a174dfd54bc