Kraken parent Payward says expansion beyond crypto trading is offsetting revenue decline

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Payward, the parent company of cryptocurrency exchange Kraken, reported that its earnings and a newly introduced financial performance measure remain below year-earlier levels. The company credits its expansion into areas beyond crypto trading with helping to cushion the revenue decline. Results also show signs of improvement compared with the second quarter. The article provides limited detail beyond these points, so specifics on the magnitude of the figures and the exact reporting period are not clearly stated.

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