Kraken’s Multi-Asset Shift: What It Means for Crypto Pay Salaries
Kraken’s recent shift towards multi-asset offerings could be a game changer in the crypto scene. This move, which aims to integrate more traditional finance elements into the crypto world, is raising eyebrows and questions. Their latest earnings report shows some interesting trends, but the challenges are just as significant. So, let’s dive into what this means for the future of cryptocurrencies and crypto pay salaries.
Kraken’s Earnings and Future Plans
Kraken’s latest figures reveal a 7% decline in adjusted earnings for Q2 2025, dropping to $79.7 million. But here’s the kicker: their revenue actually increased by 18%, totaling $411.6 million. Under CEO David Ripley, the exchange is positioning itself for a 2026 IPO, planning to expand…
