Kraken parent Payward says expansion outside crypto trading helps cushion revenue decline
Summary
Crypto exchange operator Payward reports that diversifying beyond digital asset trading has helped soften a drop in overall revenue. Although recent financial results remain lower compared to the previous year, the company notes positive signs of recovery when compared to the preceding quarter.
While earnings and the company’s newly introduced financial performance measure remained below year-earlier levels, there are signs of improvement from the second quarter.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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