Galaxy Digital: Net profit for the full year 2023 is $296 million

ChainCatcher news, according to CoinDesk, digital asset financial services company Galaxy Digital reported a net profit of $296 million for the full year of 2023. This marks a significant change compared to a loss of $1 billion in the same period last year, indicating that the "crypto winter" has passed.

The company stated in a statement: "Since the end of the fourth quarter of 2023, there has been a significant change in digital asset prices, and our business has benefited from increased market volatility and trading volume."