Crypto exchange Kraken doubled its revenue in 2024 and reintroduced staking in the U.S.

🐙 Crypto Exchange Kraken Doubled Its Revenue in 2024

Kraken closed 2024 with strong results, reaffirming its status as one of the key players in the global digital assets market.

📊 Financial Highlights

• Annual revenue doubled to $1.5 billion.
• The platform reached 2.6 million active accounts.
• Client assets totaled $42.8 billion.

These results reflect growing interest in cryptocurrencies from both institutional and retail investors, as well as the company’s expansion of its product line.

🇺🇸 Staking Returns to the U.S.

In January 2025, Kraken relaunched on-chain staking services for clients in 39 U.S. states and territories. Users can now stake 17 digital assets, including:
• Ethereum (ETH)
• Solana (SOL)
• Polkadot (DOT)
• Cardano (ADA)

This step has strengthened Kraken’s presence in the U.S. market and boosted its competitiveness in a strict regulatory environment.

🏦 Preparing for IPO

Kraken continues to focus on transparency and building investor trust. In 2025, the company plans to release quarterly financial reports, as part of its preparation for a potential IPO in 2026.

Going public will allow Kraken to attract new investment and further consolidate its position in the rapidly growing digital assets sector.

🚀 Bottom Line

Kraken ended the year with strong momentum — doubling revenue, expanding client assets, and reintroducing staking. With IPO preparations underway, the company is positioning itself as one of the most attractive investment opportunities in 2025.

Download the Regolith app: 🔼 AppStore ▶ Google play