PANews reported on May 18th that, according to official disclosures, Kraken's parent company, Payward, reported adjusted revenue of $507 million in Q1 2026, a 3% year-over-year increase; adjusted EBITDA was $18 million. The company stated that its platform maintained growth despite decreased volatility in the crypto market and geopolitical tensions suppressing trading activity.
Payward's Kraken spot market share has increased from approximately 3.5% in mid-2025 to 5.2% in March 2026; daily active futures trading accounts (DARTs) increased by 51% year-on-year, primarily driven by NinjaTrader and new futures products. As of the end of March, the platform's assets under management reached $40 billion, a year-on-year increase of 11%, and the number of liquidated accounts increased to 6.1 million, a year-on-year increase of 47%.
Payward also disclosed that it has recently completed or is in the process of making several acquisitions, including Backed, Magna, Bitnomial and Reap, to expand its tokenized stock, derivatives and stablecoin payment business.




