Kraken parent Payward's Q1 revenue climbs despite crypto market slump

60-second summary

Kraken parent Payward's Q1 revenue is climbing despite the crypto market slump, driven by acquisitions and futures growth that offset softer spot trading. Co-CEO Arjun Sethi attributes the success to the firm's strategy of investing through market weakness. Payward's resilience is a testament to its adaptability in the ever-changing crypto landscape, hinting at a potential long-term recovery.