Kraken parent Payward posts 66% drop in Q3 adjusted EBITDA, plans US prediction markets and personal finance AI agent

Kraken parent Payward posts 66% drop in Q3 adjusted EBITDA amid crypto downturn

Payward reported $60 million in Q3 adjusted EBITDA, down roughly two-thirds from $178.6 million a year earlier, as trading volume fell 30% year-over-year to $353 billion, with the company planning to expand into US prediction markets and launch a personal finance AI agent.