Kraken Parent Payward’s Q2 Profit Falls 71% YoY to $23M, Revenue Rises 17%
Covered by 2 sources · 2 articles
2 outlets - including Cryptotimes and Bitcoinworld - are covering this story. Payward's adjusted revenue climbed to $508 million in Q2, while adjusted EBITDA fell sharply from a year earlier as platform transaction volume declined 18% to $310 billion.
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Kraken Parent Payward’s Q2 Profit Falls 71% YoY to $23M, Revenue Rises 17%
Payward's adjusted revenue climbed to $508 million in Q2, while adjusted EBITDA fell sharply from a year earlier as platform transaction volume declined 18% to $310 billion.
Kraken Parent Payward’s Q2 Profit Slumps 71% as Crypto Market Cools
BitcoinWorld Kraken Parent Payward’s Q2 Profit Slumps 71% as Crypto Market Cools Payward, the parent company of U.S. cryptocurrency exchange Kraken, reported a sharp decline in second-quarter profitability as the digital asset market experi…