Kraken Parent Payward Posts 33% Revenue Growth on Trading Surge
Kraken parent Payward reported a sharp rise in 2025 revenues as higher trading volumes and acquisitions helped diversify income streams ahead of a potential IPO.
A cryptocurrency is a digital or virtual form of money that uses cryptography to secure transactions and control the creation of new units. It operates on blockchain or distributed ledger technology, allowing peer-to-peer transfers without a central authority. Transactions are verified by network participants through consensus mechanisms such as proof of work or proof of stake. Cryptocurrencies can be used for payments, value transfer, or as a utility within blockchain applications. Their supply and rules are defined by software protocols.
Kraken parent Payward reported a sharp rise in 2025 revenues as higher trading volumes and acquisitions helped diversify income streams ahead of a potential IPO.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
Sheikh Tahnoon’s investment in World Liberty Financial ties the USD1 stablecoin to a $2 billion Binance deal, raising scrutiny amid US AI export policy shifts.
Bitcoin fell out of the top ten global assets by market capitalization following a price decline, placing it below Saudi Aramco and several large technology firms.
A South Dakota legislator has reintroduced a bill that would allow the state to allocate up to 10% of certain public funds to Bitcoin, reflecting a…
Tether has formally launched USA₮, a federally regulated, dollar-backed stablecoin issued by Anchorage Digital Bank under the United States’ new GENIUS Act framework.
Nearly 40% of UK bank transfers to crypto exchanges are blocked or delayed, according to a new industry survey that raises concerns over debanking and the…
Changpeng Zhao-backed YZi Labs invests in BitGo as the crypto custodian debuts on the NYSE, supporting regulated infrastructure for institutional digital assets.
Mercuryo teams up with Visa to enable near real-time crypto-to-fiat conversion, reducing settlement times and costs for cross-border payments.
UBS is reportedly considering allowing its wealthiest clients to trade Bitcoin and Ether, signaling a potential expansion of crypto offerings in private banking.