Kraken reported strong performance in Q2 with revenue rising 18% year-on-year to $411.6 million signaling growing momentum in the crypto market. Adjusted EBITDA fell 7% to $79.7 million due to market turbulence and macroeconomic uncertainty. Despite this total exchange volume jumped 19% year-over-year to $186.8 billion while platform assets grew 47% to $43.2 billion.

The exchange also saw its stable-fiat spot volume share increase from 43% to 68% showing greater user preference for reliable trading pairs. Kraken cited a seasonal slowdown in Q2 but maintained that overall interest in digital assets remains strong. Its continued growth highlights crypto’s resilience even during uncertain market conditions.

Kraken expanded into commission-free stock trading in the U.S. in April and launched crypto derivatives in Europe in May. It plans to roll out stock and ETF trading in the U.K. Europe and Australia later this year. The company is now seeking to raise $500 million at a $15 billion valuation ahead of a planned IPO in 2026.

Source

Bolivia’s central bank has signed a key agreement with El Salvador’s digital asset regulator to boost cryptocurrency adoption across the country. The Central Bank of Bolivia and El Salvador’s Comisión Nacional de Activos Digitales will collaborate on regulatory frameworks, blockchain tools, and risk analysis under a newly signed memorandum of understanding. The agreement takes effect immediately and marks a shift in Bolivia’s approach to digital finance.

Crypto transactions in Bolivia have soared, growing from $46.5 million in June 2024 to $294 million in June 2025. This rise follows Decree No. 082/2024, which expanded the legal use of cryptoassets. Officials say El Salvador’s experience, as the first country to adopt bitcoin as legal tender, will guide Bolivia in creating a transparent, secure, and inclusive crypto ecosystem.

Signed in La Paz by BCB Acting President Edwin Rojas Ulo and CNAD President Juan Carlos Reyes García, the agreement signals Bolivia’s move toward financial modernization. It aligns the nation with others in Latin America embracing crypto through thoughtful regulation and innovation.

Source

Robinhood delivered a standout second quarter, beating Wall Street forecasts with earnings of 42 cents per share on revenue of $989 million. Revenue jumped 45% year-over-year, while net income more than doubled to $386 million. Customer growth remained strong, with funded accounts rising to 26.5 million and total assets soaring 99% to $279 billion, fueled by rising crypto and equity valuations.

Crypto trading revenue reached $160 million, slightly below forecasts but still driving momentum alongside strong derivatives trading. Transaction-based revenue hit $539 million, while net interest income surged to $357 million, well ahead of estimates. Robinhood Gold subscriptions climbed 76% year-over-year, reaching 3.5 million users, highlighting growing user engagement.

Robinhood is ramping up its push into crypto wealth and prediction markets, with nearly $2 billion in contract volume. CEO Vlad Tenev announced the upcoming launch of Robinhood Banking and hinted at expanding tokenized assets. Despite a brief dip on cost concerns, shares remain up over 180% this year.

Source

Marti Technologies is making a bold move by allocating 20% of its cash reserves into Bitcoin as part of a new corporate crypto treasury strategy. The company may increase its crypto holdings to 50%, and could also invest in other digital assets like Ethereum and Solana. This decision reflects rising confidence in cryptocurrencies as long-term stores of value, especially in today’s inflationary and financially uncertain environment.

CEO Oguz Alper Oktem stated the move shows the company’s belief in Bitcoin and other digital assets as viable alternatives to gold and hard currencies. He called the strategy a prudent way to manage treasury reserves. All digital assets will be stored through a regulated, institutional-grade custodian, and will follow strict security, legal, and reporting standards.

Founded in 2018, Marti is Turkey’s leading mobility platform, offering ride-hailing, e-mopeds, e-bikes, and e-scooters. The company went public in 2023 through a SPAC merger and has a market capitalization of approximately $185 million.

Source

In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly shut down. Over the following years, thousands of people and companies whose assets were held by Prime Trust were prevented from accessing their property. As the saga unfolded, it became apparent that Prime Trust had perpetrated a massive fraud for almost a year. Regulators at the Nevada Financial Institutions Division, whose mandate had been to prevent such scams, did not step in until it was too late.

Although the size of the fraud was large, with over 80 million dollars’ worth of assets having been lost, Prime Trust still possessed many millions…

Read more on BitcoinMagazine