Kraken Parent’s Profit Rebound Still Leaves a Wide Gap Before Its IPO

4 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$60M

adjusted earnings

Kraken parent Payward said clients kept adding assets for 12 straight months, even as those holdings lost dollar value. Its adjusted earnings rose to $60 million in the third quarter, up from $23 million in the second. However, that was…