The post Kraken Hits Record $1.5 Billion Revenue in 2024, Marking 128% Growth appeared first on Coinpedia Fintech News Kraken, one of the world’s leading cryptocurrency exchanges, had a record-breaking 2024, reporting $1.5 billion in revenue, a 128% increase compared to the previous year. The exchange also saw an adjusted EBITDA of $380 million, supporting its solid financial growth. “One of Kraken’s core principles from day one has been accountability – to our customers, shareholders and employees,” Kraken said. By the end of 2024, Kraken held $42.8 billion in assets on its platform and had 2.5 million funded accounts. This shows a growing number of users and more trust in the platform. Kraken also saw $665 billion in total trading volume in 2024, showing its importance in the global crypto market. The platform’s technical performance has been impressive too, with 99.9% uptime and sub-2 millisecond round-trip latency. Kraken has executed over 2.5 billion trades since it sta...