- Beeks Financial’s revenue grew 22% to £15.79 million, with a 188% rise in statutory profit before tax.
- The company secured its first crypto partnership with Kraken to offer low-latency trading infrastructure.
- Beeks is investing in AI-driven analytics and transitioning to a revenue-sharing model for Exchange Cloud.
Beeks Financial Cloud has reported significant financial growth in the first half of fiscal 2025, with a 22% revenue increase and a 188% surge in statutory profit.
A major highlight is Beeks’ entry into the cryptocurrency market through a partnership with Kraken. This deal will enable Kraken to enhance its trading infrastructure with ultra-low latency services, marking Beeks’ first step into digital asset exchanges.
Beeks Financial Cloud Expands into Crypto with Kraken Partnership
Beeks Financial Cloud continues its momentum with a strong first-half performance, reporting a 25% rise in underlying EBITDA and maintaining a solid cash position. Its Exchange Cloud and Proximity Cloud services are proving instrumental in attracting major financial institutions.
The company’s deal with Kraken positions it as a key infrastructure provider for institutional crypto trading. This partnership aligns with Beeks’ long-term vision of expanding its market presence beyond traditional finance. Additionally, its AI-driven Market Edge Intelligence tool is set to further enhance trading performance.
Looking ahead, Beeks is well-positioned for sustained growth with multiple high-profile deals in progress. Its shift towards a revenue-sharing model for Exchange Cloud contracts is expected to drive profitability and ensure long-term value creation.
“By working with Beeks Exchange Cloud, we’re ensuring that clients who need high-speed execution can optimize their trading strategies while benefiting from the security and reliability of Kraken.” – Shannon Kurtas, Head of Trading at Kraken.
