Kraken Reports 18% Revenue Increase in Q2 2025
- Kraken’s revenue rose 18% to $412 million in Q2 2025.
- Trading activity in stablecoins drove the growth.
- No new funding rounds were announced.

Kraken announced a 18% increase in Q2 2025 revenue to $412 million, driven by robust trading activity and ongoing expansion efforts, as reported in a company statement on July 30, 2025.
This revenue jump underscores Kraken’s strategic positioning in the crypto market, highlighting the importance of growth in stablecoin transactions and geographic diversification.
Kraken’s Q2 2025 revenue increased 18% year-over-year, reaching $412 million. The growth was primarily due to high trading activity, particularly in stablecoin pairs. The official statement was released on July 30, confirming these numbers.
The leadership includes CEO David Ripley and Chairman Jesse Powell. Kraken’s quarter saw significant gains in trading volumes, with no direct executive comments accompanying the revenue announcement.
The revenue increase substantially impacted Kraken’s operations, reflecting broader market trends. The rise in stablecoin trading significantly contributed to their financial growth.
Kraken’s adjusted EBITDA was approximately $80 million, representing a decrease due to continued investments in product and geographic expansion. No new regulatory statements accompanied these financial results.
Historically, Kraken’s consistent revenue growth has been supported by increased trading volumes, especially in major cryptocurrency pairs like BTC and ETH.
Future regulatory and technological outcomes remain uncertain, but ongoing investments may secure long-term growth. Strategies focusing on stablecoin trading could influence further financial success.
“Revenue increased 18% to $412 million from the year-ago period, according to a company statement. Adjusted earnings before items like taxes reached $79.7 million, down about 7% from $85.5 million, as the company invested in new products and geographic expansion.” – David Ripley, CEO, Kraken source