Crackon reported $ 411.6 million in revenue for the second quarter of 2025, an increase of 18% compared to the same period last year, to release its earnings. However, the exchanges’ adjusted earnings dropped 7%-to-Yaar to $ 79.7 million in Q2 2024.
For data released on Wednesday, the trading volume on Crypto Exchange rose 19% compared to the previous year, $ 186.8 billion at During Q2 2025.
In other regions, Crackon also posted positive results, with assets from 47% to 43.2 billion dollars, which increased by 37% in funded accounts to $ 4.4 million. The exchange’s stabeloin-to-fight market share also increased from 43% to 68%.
Crackon’s earnings report comes when the company looks at 2026 to raise a potental public offer to raise $ 500 million at a valuation of $ 15 billion.
Connected: Crypto Isn’NT ‘now walks from the garage: The trace of the Mexc on the iPO Boom
Crackon is in “build mode”
Crackon blamed some decline in the adjusted income for widespread macro impurities related to American tariffs. The exchange also clams to be in “build mode”, which focuses more on broadening its business beyond crypto trading than immediate profits.
Many recent products launch this claim back.
In the previous quarter, Executive launched US equity trading on its app, allowing users to manage stock and crypto at one place in most US states.
The company also introduced 24/7 FX Peritual Futures in mid-April, and introduced the Xstox in June, which was a token blue-chat equity and a suit of ETFs.
https://www.youtube.com/watch?v=ry9mi57pbjs
Tradfi, Crypto Convision in token Equities Push
Crackon’s Q2 shows a widespread convergence of tradefi and crypto in token equity.
Bybit Token is also announcing partnership for equity, and Coinbase is currently demanding SEC approval to list the token shares. Talking with Reuters, Chief Legal Officer Paul S. Grewal called it a “very big priority”.
Traditional brokers are also making motors. Robinhood launched more than 200 token US stock and ETFs on medieval for European users in June. On Tuesday, the regulated brokerage platform Etoro announced a plan to tokens the 100 most popular American shares and ETFs as ERC-20 tokens on Ethereum.
magazine: Robinhod’s token stocks have removed a legal hornet’s nest
