K33: Q1 2026 revenue approximately $79.24 million, up 73% quarter-over-quarter

Odaily reported that K33 released its Q1 2026 report, stating that despite an approximately 15% decline in overall spot market trading volume in Q1 2026, K33 achieved revenue of 740 million Swedish kronor, or approximately $79.24 million, representing a 64% year-over-year increase and a 73% quarter-over-quarter increase. K33 Markets' trading activity remained stable throughout the quarter, with increased trading activity from large clients and counterparties. During the quarter, K33 launched a cryptocurrency mortgage loan business, completed a major platform upgrade with comprehensive banking integration, and expanded its Bitcoin business by acquiring a 46% stake in Sixty Six Capital.