CoinShares Q2 revenue of £22.5 million, a year-on-year increase of 110%

ChainCatcher news, CoinShares announced its Q2 2024 performance, with Q2 revenue of £22.5 million, a year-on-year increase of 110% compared to £10.7 million in Q2 2023. As a result, CoinShares' total comprehensive income for Q2 2024 amounted to £25.8 million (compared to £5.3 million in the second quarter of 2023).

In addition, CoinShares successfully completed the sale of its FTX claims on June 24, achieving a net brokerage fee recovery rate of 116%, translating to a return of £28.7 million.