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

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)