CoinShares' total comprehensive income for 2022 was £3 million, a decrease of 97% compared to the previous year

2023-02-21 16:53:46

Collection

ChainCatcher news, cryptocurrency asset management company CoinShares released its Q4 2022 financial report, with Q4 revenue of £8.8 million, a decrease of 65% compared to £25.7 million in the same period of 2021. The total revenue for the year 2022 was £51.5 million, down 36% from £80.8 million in 2021. The comprehensive total revenue for the year 2022 was £3 million, a decrease of 97% from £113.4 million in the same period of 2021.

In addition, as of December 31, 2022, CoinShares' total assets under management amounted to £1.44 billion (approximately $1.731 billion), of which £1 billion is related to the group ETPs issued by XBT Provider and CoinShares Digital Securities Limited on the balance sheet, while the remaining £440 million is attributed to the BLOCK index, which is not included on the balance sheet. (source link)

Related tags

CoinShares balance sheet

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.