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KuCoin

Financial Performance

KuCoin Revenue & Financials

Revenue

$192.6M (FY2023, unaudited)

What is KuCoin's revenue?

KuCoin had $192.6M (unaudited) in revenue for fiscal year 2023.

Latest revenue
$192.6M (FY2023, unaudited)
Years of data
1

Financial Analysis

KuCoin is private and does not publish revenue, profit or audited accounts, so this profile does not list a revenue figure. Known numbers come from funding and legal records: roughly 5,500 BTC (about $27.5 million at the time) raised in its 2017 token sale, a $20 million Series A in November 2018, and a $150 million Series B at a $10 billion valuation in May 2022. Its US resolution in January 2025 cost about $297 million ($112.9 million criminal fine plus $184.5 million forfeiture), and Canada's FINTRAC assessed ~$14 million (C$19.5 million) in September 2025, which KuCoin appealed. In February 2026 KuCoin said it would commit $2 billion to a trust and security programme.

Annual revenue history

Fiscal YearRevenueYoY ChangeSource
FY2023unaudited$192.6M—Industry estimate

Click any row to see year details.

Keep researching KuCoin

KuCoin Revenue and Financial FAQ

Does KuCoin publish its revenue?

No. KuCoin is private and does not release audited financial statements or revenue figures.

How much funding has KuCoin raised?

About 5,500 BTC in its 2017 token sale, $20 million in a 2018 Series A and $150 million in a 2022 Series B at a $10 billion valuation.

How much did KuCoin pay to settle US charges?

About $297 million in January 2025: a $112.9 million criminal fine and $184.5 million forfeiture, plus a $500,000 CFTC penalty in March 2026.

What other penalties has KuCoin faced?

$22 million to the New York Attorney General in December 2023 and a ~$14 million (C$19.5 million) FINTRAC penalty in Canada in September 2025, which KuCoin appealed.

What is KuCoin's $2 billion trust programme?

Announced at Consensus Hong Kong in February 2026, it funds custody, real-time monitoring and compliance upgrades.

Did KuCoin get fined by the US government?

Yes, massively. Because KuCoin operated for years without strict "Know Your Customer" (KYC) rules, they generated massive profits but attracted massive criminal scrutiny. In 2023, the New York Attorney General sued them, forcing a massive $22 million settlement and completely banning them from NY. In 2024, the US Department of Justice literally filed criminal indictments against the founders for money laundering.

Cite or embed this data

Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "KuCoin Revenue & Financials." CorpDigest, https://corpdigest.com/company/kucoin/financials.
Embed this data
<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>KuCoin reported $192.6M as its latest revenue figure (2023, unaudited, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/kucoin/financials" target="_blank" rel="noopener">CorpDigest — KuCoin financials</a></div>

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.