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Kraken's platform revenue was $1.50 billion last year, up more than 100% quarter-over-quarter.

Cryptocurrency exchange Kraken generated $1.50 billion in platform revenue last year, compared with $671 million the year before, an increase of more than 100% quarter-on-quarter. Adjusted pre-tax profit reached $380 million in 2024. The company said it ended the year with 2.60 million funded accounts and $42.80 billion in assets held on the platform.