Kraken parent Payward gains market share as slower trading weighs on earnings

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Kraken parent Payward gains market share as slower trading weighs on earnings

Payward’s adjusted EBITDA fell 66% year over year to $60 million, even as its share of global spot trading nearly doubled and fee-based services expanded.

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Kraken parent Payward gains market share as slower trading weighs on earnings

Payward’s adjusted EBITDA fell 66% year over year to $60 million, even as its share of global spot trading nearly doubled and fee-based services expanded.