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{"id":19001,"date":"2026-08-16T11:15:51","date_gmt":"2026-08-16T11:15:51","guid":{"rendered":"https:\/\/hongkongbuybitcoin.com\/?p=19001"},"modified":"2026-08-16T11:15:51","modified_gmt":"2026-08-16T11:15:51","slug":"payward-q2-revenue-hits-508m-as-ebitda-falls","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=19001","title":{"rendered":"Payward Q2 revenue hits $508M as EBITDA falls"},"content":{"rendered":"<p>Payward, the parent company of Kraken, reported $508 million in adjusted revenue for the second quarter of 2026, up 17% year over year. However, adjusted EBITDA dropped sharply to $23 million. Total platform transaction volume declined 18% year over year to $310 billion during the quarter. Revenue grew while transaction volume fell, and asset-based and other revenue represented 60% of total revenue. Payward reported 6.6 million funded accounts, up 42% year over year. The company&#8217;s strategy for the second half of the year includes focusing on broader trading products, banking, tokenization, payments, and services sold to third-party platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Payward, the parent company of Kraken, reported $508 million in adjusted revenue for the second quarter of 2026, up 17% year over year. However, adjusted EBITDA dropped sharply to $23 million. Total platform transaction volume declined 18% year over year to $310 billion during the quarter. Revenue grew while transaction volume fell, and asset-based and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-19001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/19001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19001"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/19001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/17058"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}