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Kraken cryptocurrency exchange reported a revenue of $1.5 billion in 2024, marking a 128% year-over-year increase, with an adjusted EBITDA of $380 million. By the end of the year, the platform held total assets of $42.8 billion and had 2.5 million funded accounts, accounting for over 40% of the global market share in stablecoin-to-fiat trading volume among major centralized exchanges
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