Svmuu reports that K33 released its Q1 2026 report, stating that despite an approximately 15% decline in overall spot market trading volume during the first quarter of 2026, K33 still achieved revenue of 7.4 billion SEK, or approximately $79.24 million, representing a 64% year-over-year increase and a 73% quarter-over-quarter increase. K33 Markets' trading activity remained stable throughout the quarter, with increased trading activity from large clients and counterparties. During the quarter, K33 launched a crypto-backed lending business, completed a major platform upgrade that includes comprehensive banking integration, and expanded its Bitcoin operations by acquiring a 46% stake in Sixty Six Capital.