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Payward's first-quarter revenue was $507 million, with its futures business growing 51% year-over-year. - CoinFeed
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Payward's first-quarter revenue was $507 million, with its futures business growing 51% year-over-year.

May 18, 2026
CoinFeed News

CoinFeed reported on May 18th that, according to official disclosures, Kraken's parent company, Payward, reported adjusted revenue of $507 million in Q1 2026, a 3% year-over-year increase; adjusted EBITDA was $18 million. The company stated that despite decreased volatility in the crypto market and geopolitical tensions suppressing trading activity, its platform continued to grow. Specifically, Payward's Kraken spot market share rose from approximately 3.5% in mid-2025 to 5.2% in March 2026; daily active futures trading accounts (DARTs) increased by 51% year-over-year, primarily driven by NinjaTrader and new futures products. As of the end of March, the platform's assets under management reached $40 billion, an 11% year-over-year increase, and the number of funding accounts increased to 6.1 million, a 47% year-over-year increase.

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