Kraken Exchange Expects Revenue to Reach $1.5 Billion in 2024, Platform Assets to Reach $42.8 Billion

Odaily News According to a financial report released by cryptocurrency exchange Kraken on January 31, its revenue in 2024 is $1.5 billion.
CEO Dave Ripley said on X that Kraken's revenue in 2024 was $1.5 billion, more than double its revenue in 2023. He added that the company is profitable. The company's financial report also stated that in 2024, the assets on the Kraken platform grew to $42.8 billion, accumulated 2.5 million funded accounts, and the total trading volume reached $665 billion.
Kraken is reportedly one of the largest cryptocurrency exchanges in the United States, with the company's spot trading volume reaching $49.2 billion in January 2025. (TheBlock)