Kraken Q1 Performance Metrics Soar as IPO Hype Grows

American crypto exchange platform Kraken has revealed its first Quarter (Q1) performance report as it recorded another big breakthrough start to the year. According to the update, the firm generated a total of $472 million in gross revenue, and its adjusted EBITDA is $187 million. As the firm noted, Kraken said it had a strong topline performance amid disciplined executions.