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Kraken Parent Payward Gains Market Share as Trading Volume Declines Weigh on Earnings

(2 hours ago) · 1 source · Summarized by CryptoBipto

Payward, the parent company of cryptocurrency exchange Kraken, has reportedly increased its market share even as slower trading activity has negatively affected its earnings. The company appears to be capturing a larger portion of a shrinking overall trading market.

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Cryptocurrency exchanges are platforms where people buy and sell digital assets, similar to stock exchanges.

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SOURCES

  • cointelegraph.com

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