Q1 2026: Payward Financial Highlights live.
Q1 was a solid quarter against a genuinely tough backdrop.
✔️ Adjusted Revenue of $507 million, up 3% year-over-year
✔️ Assets on Platform: $40 billion, up 11% year-over-year
✔️ Funded Accounts: 6.1 million, up 47% year-over-year
✔️ Futures DARTs: Up 51% year-over-year
✔️ Adjusted EBITDA: $18 million — profitable, and still investing
We grew revenue. We grew our asset base. We grew our client count. We remained profitable.
We continued investing in strategic M&A, as well as in the products and infrastructure that drive the business forward.
📣 Payward and @FTDA_US announced a strategic collaboration to advance tokenized assets and institutional digital finance.
This collaboration will accelerate adoption of tokenized investments, integrate BENJI and co-design a new suite of tokenized yield products.
@DavidLRipley@DigitalFinForum@SALTConference@Krakenfx@xStocksFi
Read more: https://t.co/B89FZXRfEW
$30,000,000,000
The industry standard for tokenized equities, measured.
xStocks leads with:
❎ +120,000 unique onchain holders
❎ +60% total volume in the category
❎ Dozens of DeFi integrations
❎ Live on 6 chains and growing
Today at @SALTConference: Payward (parent of @Krakenfx and @xStocksFi) and @FTDA_US announced a strategic collaboration to bring traditional financial products onchain, and to build a new generation of tokenized investments together.
Watch the announcement live 📺
https://t.co/SQZh74NmFI
We're acquiring Reap.
Card networks. Banking rails. Blockchains. One platform. Stablecoin-powered.
@reapglobal expands @PaywardServices with globally regulated card issuance and stablecoin payments. Financial infrastructure for the next era of global payments.
https://t.co/kpfjpM1Yfr
Protecting clients isn't just a regulatory obligation. It's how we operate.
@Payward supported Operation Atlantic — a coordinated global effort that identified $45M+ in suspected criminal proceeds and 20,000+ potential victims 👇https://t.co/8pRzwNi06k
We're acquiring @Bitnomial.
The first fully CFTC-licensed derivatives exchange built from the ground up for crypto. Not retrofitted. Not adapted. Built for this.
Pair that with Kraken's global client base, @NinjaTrader's reach, and Payward's liquidity - and regulated crypto derivatives just got a serious upgrade in the US.
https://t.co/jr9yUt2aTN
We are pleased to announce @Payward, the parent company of @krakenfx, as a Platinum Sponsor at the Bermuda Digital Finance Forum 2026!
Learn more and register:
https://t.co/VKse5l6Ia4
Payward, Inc. is a unified financial infrastructure platform that powers a family of products advancing an open, global financial system. Built on a single shared architecture, Payward enables customers to hold, trade, earn, pay, and invest across asset classes without friction or fragmentation. At its core, Payward provides the infrastructure layer behind Kraken and a growing set of purpose-built products, including NinjaTrader, Breakout, xStocks, and CF Benchmarks.
We’re proud to have Payward supporting this year’s forum!
Payward is committing $25M to $ORBS, part of a $125M round w/ ARK, Pantera, Coinfund & others.
"Capital deployed at that convergence has the potential to scale non-linearly, and we're excited to support a strategy designed to capture that asymmetry" — @arjunsethi
https://t.co/AZzfdjvcHh
A historic moment for crypto.
Kraken Financial has been granted a Federal Reserve master account, making us the first digital asset bank with direct access to the U.S. payments system.
A major step toward connecting crypto infrastructure with the core rails of global finance.
https://t.co/yVgwuJDZge
Kraken x Magna 🤝
We’re excited to announce that we have acquired @magna_digital to bring vesting, claims, staking, custody & token ops into a broader end-to-end stack.
For builders, this means institutional-grade lifecycle infrastructure, not just liquidity.
https://t.co/2QXoBtZAAz
Announcing Payward’s FY 2025 financial results—and alongside them, a clearer articulation of Payward’s role as the unified infrastructure layer powering Kraken and a growing family of products, including
@NinjaTrader, @breakoutprop, @xStocksFi, and future products yet to be launched.
Payward enables each product to be purpose-built for a specific customer segment, regulatory regime, and use case, while operating on shared foundations:
∙ One global liquidity pool
∙ One risk & margin engine
∙ One collateral & settlement system
∙ One compliance & licensing framework
Beginning in 2025, Payward has taken on a more explicit role as the infrastructure layer supporting multiple product surfaces and interfaces. Last was a year defined by execution: shipping across the entire product suite, launching, scaling, and integrating at a pace that reflected both operational maturity and long-term conviction. Growth was driven by strong core product momentum and meaningful contributions from recent acquisitions.
📈 FY 2025 highlights:
∙$2.2B adjusted revenue (+33% YoY)
∙$531M adjusted EBITDA (+26% YoY)
∙$2.0T platform transaction volume (+34% YoY)
∙$48.2B assets on platform (+11% YoY)
∙ 5.7M funded accounts (+50% YoY)
∙ Futures DARTs up 119%, driven by NinjaTrader and Breakout integration
FY 2025 established a new baseline for Payward’s scale, earnings power, and long-term ambition.
Learn more 👇
https://t.co/UPWEzrxcr2