Private#6 of 19 in this industry2 markets

KRAKEN

kraken.com

Bitcoin exchangesdigital paymentsonline paymentscryptocurrency exchangescrypto exchanges
Revenue—not disclosed
Markets named in2across this research
Incumbent in0the one to displace
Rank in industry6 / 19by revenue
Backed byBlockchain Capital funding →
From each investor’s own published portfolio.
01

Where it competes

Every market in this research that names KRAKEN. Where it is the named incumbent it leads the list. The entry signal is the market’s, not the company’s — it says how open that market is to someone new.

MarketRoleShareEntry signal
Utility Metering, Billing & Customer Systems
2211 Electric power generation, transmission and distribution
Competitor — 62% entry signal
Crypto Exchange & Digital-Asset Custody Platform
5232 Securities and commodity exchanges
Competitor — 37% entry signal
02

Others in Securities and commodity exchanges

Ranked by revenue. Companies that disclose none follow, ordered by how many markets name them.

1 Coinbase NADAQ:COIN $7.2B
2 TMX Group TSX:X $1.7B
3 Robinhood Private $354M
4 Gemini ICO:GUSD $180M
5 BitGo Private $28M
6 KRAKEN Private —
7 Anchorage Digital Private —
8 Binance ICO:BNB —
9 Bitstamp Private —
10 Bybit Private —
11 Canadian Securities Exchange (CSE) Private —
12 Cboe Exchange NASDAQ:CBOE —
13 Coinsquare Private —
14 Fireblocks Private —
15 Nasdaq Canada Private —
16 NDAX Canada Inc. Private —
17 Newton Private —
18 OKX Private —
19 Wealthsimple Private —

Company details are from the search.cos database (snapshot 2026-10-18); market roles, shares and sourced revenue are from the research records linked above. Filed under the industry it serves — a software vendor sits with the industry that buys from it. Ranks convert currencies at approximate rates to put companies in order; every figure shown is in the currency it was reported in.