CryptoQuartzabout 2 hours ago
Payward Earnings Drop 67% Amid Crypto Slump
2 min read
Payward, the parent company of crypto exchange Kraken, reported adjusted EBITDA fell 67% to $60 million in the third quarter. Total platform margin dropped 12% to $487 million as transaction volume shrank by 30% to $353 billion, though funded accounts grew 37% to 7.1 million.
Level
Hype check
Tap to vote and see what everyone thinks.
