# Payward's Q1 Revenue Surge Amid Crypto Slowdown

Page: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/payward-s-q1-revenue-surge-amid-crypto-slowdown
Text version: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/payward-s-q1-revenue-surge-amid-crypto-slowdown.md
Podcast: [Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376)
Published: 2026-05-18T17:24:21+00:00
Episode link: https://api.fastcast.ai/audio/8ba33e40-81c4-4c8e-9464-009a263d63f0.mp3
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Duration seconds: 77

## Resource

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: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/51738a174dfd54bc

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