Kraken parent Payward’s Q3 earnings fall 67% as crypto trading slows
- Kraken parent Payward has reported a 67% annual drop in third-quarter adjusted earnings as weaker cryptocurrency trading activity weighed on its financial performance, despite a recovery from the previous quarter.
- According to a shareholder letter reviewed by Bloomberg News on…
- Kraken’s parent Payward is increasingly relying on businesses outside crypto trading to support its financial performance as weaker market activity weighs on transaction fees.
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