Key Highlights
- Payward reported $507 million in adjusted revenue in Q1 2026, growing 3% year-over-year despite weak crypto market conditions.
- Trading activity slowed across the industry, but Payward still grew its position, with Kraken’s spot market share rising from 3.5% to 5.2%.
- The company expanded through acquisitions, including Backed Finance, Magna, Bitnomial, and Reap Technologies.
Payward, the parent company of crypto exchange Kraken, today reported $507 million in adjusted revenue for the first quarter of 2026, despite weaker trading conditions across the cryptocurrency market.
According to the official release, the company said the results reflect continued growth in products, services, and…
