Kraken Revenue, Valuation, Funding & Investors

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

KuCoin is a Chinese cryptocurrency exchange supporting spot, margin, futures trading, and staking for over 700 tokens. It caters to global traders with features like trading bots, API access, and fiat on-ramps via bank cards. KuCoin lists projects from Binance and Coinbase ecosystems. Launched in 2017, the platform maintains offices in Singapore and Hong Kong.

Mercado Bitcoin is Latin America's largest bitcoin exchange and Brazil's biggest crypto exchange by market valuation. Founded in 2013, it is part of the 2TM holding company, which also provides digital asset custody through Bitrust and multi-asset wallets through Meubank. The exchange had grown to more than 3 million clients by late 2021.

Polymarket is a New York-based prediction-market operator founded by Shayne Coplan in 2020. Its platform lets customers buy and sell shares tied to binary outcomes across politics, economics, sports, business, technology and culture, with market prices serving as implied probabilities. Trades are matched peer to peer rather than against a house, and winning shares settle at one dollar after an outcome is resolved. The international product uses USDC and smart contracts, while the company has also developed a regulated United States venue after acquiring QCEX. Polymarket serves individual traders as well as institutions and media organizations that use its event-probability data. Its current commercial model includes taker fees on selected market categories, although some markets remain fee-free and part of the fees supports market-maker rebates. Intercontinental Exchange also distributes Polymarket data to institutional customers under the companies' strategic partnership. The business competes with regulated prediction exchanges and online betting platforms while positioning its markets as real-time information products.

Hithink RoyalFlush Information Network Co Ltd is engaged in providing Internet financial information services and online financial software. The company's business includes an online market trading system, mobile financial information service, fund sales, financial big data processing, and cloud services. It serves individuals, brokers, funds, private placements, banks, insurance, government, and research Institutional clients.

Crypto.com is a Singapore-headquartered cryptocurrency exchange founded in 2016. The platform facilitates buying, selling, and trading more than 350 cryptocurrencies and tokens across spot, derivatives, and perpetual futures markets. Users access on-chain staking for assets like Ethereum and Cosmos, earn interest through flexible savings accounts, and build diversified portfolios with crypto baskets tracking indices such as DeFi or metaverse sectors. Crypto.com issues the Crypto.com Visa Card available in multiple tiers with cashback rewards up to 8 percent. The company powers fiat on-ramps in over 30 countries including USD, EUR, and GBP pairs. It operates the Cronos blockchain for DeFi applications and runs an NFT marketplace featuring collections from artists and brands. Crypto.com holds naming rights to Crypto.com Arena in Los Angeles and partners with Formula 1.

Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications. The company's platform is a full-stack, internet financial platform business, organized around three pillars: Arc Blockchain and Developer Infrastructure, Circle Digital Assets and Services, and Circle Applications.

OKX operates a global cryptocurrency platform offering spot and derivatives trading, tokenized-asset access, wallets and Web3 services. Its exchange supports hundreds of assets and provides liquidity, order execution and account tools for both individual traders and professional market participants. The wider product suite includes self-custody wallet functions, decentralized-exchange aggregation, staking and other on-chain applications. Retail customers use OKX to buy, sell and hold digital assets, while institutions and trading firms use its market infrastructure and application-programming interfaces. The company earns primarily from transaction and service fees generated across centralized and decentralized products. In regulated European markets, OKX operates through an authorized crypto-asset service provider and states that customer funds are segregated and backed through proof-of-reserves processes.

Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv’s Eikon service.

Trade Republic is a Berlin-headquartered mobile brokerage offering commission-free trading in stocks, ETFs, and derivatives. Launched in 2015, the app serves European retail investors with instant order execution and savings plans. It invests client cash in money market funds and supports fractional shares. Regulated by BaFin, it expands across Germany, France, and Spain.

Blockchain.com is a cryptocurrency financial-services and infrastructure company founded in 2011. It began with a public Bitcoin block explorer and later developed consumer wallets, brokerage and exchange products for buying, selling, storing and transferring digital assets. The company also serves institutions through trading, custody and market-access capabilities. Its self-custody products allow users to control their own private keys, while custodial services operate under the company's compliance and licensing framework. Blockchain.com earns revenue from trading spreads, transaction and service fees, and institutional products rather than from the underlying public blockchains. The business has operated internationally from London and other offices, serving customers across numerous jurisdictions subject to local availability. Its financing history includes venture and strategic rounds used to expand products, regulatory coverage and institutional infrastructure through changing crypto-market cycles.

Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and the United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services, and interest income.

OpenSea is a privately held United States marketplace for non-fungible tokens, fungible tokens, and other on-chain assets. Devin Finzer and Alex Atallah founded the company in 2017 and launched a non-custodial marketplace in which users retain control of assets through their own wallets. The service lets people discover, mint, buy, and sell NFTs and trade tokens across multiple blockchains. It serves collectors and traders alongside creators, brands, game studios, and developers that publish digital collections. OpenSea's product suite includes its main marketplace, OpenSea Pro for active traders, and Studio tools for managing collections and drops. The company reports more than two million collections, 80 million NFTs, and USD 20 billion in cumulative volume on its platform. Its business earns transaction fees and related marketplace revenue when users trade supported digital assets.

Interactive Brokers is a large, automated retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm’s commissions. With operations spanning more than 170 electronic exchanges, 40 countries, and 29 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.

Billionbrains Garage Ventures Ltd is engaged in carrying out the business of software designing, maintenance, testing and benchmarking, designing, developing computer software and solutions, carry on the business of providing, building, organizing of software tools, marketing and innovatization of licensed software, and consultancy services. The company operates the web & app based technology platform, 'Groww'. The company operates in one reportable segment mainly through the sale of financial services through a web & app based technology platform. It derives a substantial portion of its revenue from the broking services.

BitMine Immersion Technologies is a publicly traded digital-asset and blockchain-infrastructure company headquartered in Las Vegas. The business accumulated a large Ethereum treasury and developed staking operations intended to earn network rewards on those holdings. It also operates the Made in America Validator Network, known as MAVAN, as an institutional Ethereum staking platform. BitMine acquired Pier Two in March 2026 to add validator technology, personnel and operating capabilities to that platform. The company also has a history in cryptocurrency mining and infrastructure services. It earns revenue from staking, digital-asset infrastructure, mining and related treasury activities rather than from investment-management fees charged to third-party funds. Its shares trade publicly in the United States, exposing investors to the value and operating yield of its digital-asset holdings and infrastructure.

One97 Communications Ltd is a digital ecosystem for consumers and merchants. The company is in the business of providing a) payment and financial services which mainly include payment facilitator services, facilitation of consumer and merchant loan distribution to consumers and merchants, wealth management, etc. b) marketing services which consist of aggregator for digital products, ticketing business, providing voice and messaging platforms to the telecom operators and enterprise customers and other businesses. The group generates the majority of its revenue from customers domiciled in India.

Alchemy is a blockchain developer platform powering over 70 percent of top web3 applications with APIs for Ethereum, Polygon, Arbitrum, and Optimism. Services include node infrastructure, enhanced APIs, and analytics dashboards used by OpenSea, Uniswap, and Dapper Labs. San Francisco-headquartered since 2020, the company processes 10 billion compute units monthly across 1 million daily active app chains.