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Kraken Parent Payward Reports 66% Drop in Q3 Adjusted EBITDA
(2 hours ago) · 1 source · Summarized by CryptoBipto
Payward, the parent company of cryptocurrency exchange Kraken, reported a 66% decline in adjusted EBITDA for the third quarter. The company also announced plans to launch prediction markets in the United States and develop a personal finance AI agent.
WHY IT MATTERS
Kraken is one of the major platforms where people buy and sell cryptocurrency, similar to how a stock brokerage lets people trade stocks.
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SOURCES
- theblock.co
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