PANews reported on May 2 that according to The block, Kraken's revenue in the first quarter of 2025 jumped to $472 million, up 19% from the same period last year, mainly due to a surge in market volatility in the first quarter (the first 100 days of President Trump's second term). The company's adjusted earnings before interest, taxes, depreciation and amortization (EBITA) increased 17% year-on-year to $187.4 million, and the total exchange trading volume increased 29% during the same period.