Revenues for coins by 53% in K4 in the midst of ‘strongest quarter to today’

The European Crypto Investment of Coins Firm applied for more than 50% of income income in K4 2024, reaching 60.8 million dollars.

Coinshares 2024 was completed. Year with a large revenue jump, reporting £ 48.3 million (about $ 60.8 million) in K4, 53% from the same period last year. At 18. February announcementThe company said that the adjusted EBITDA struck £ 33.6m, marking the 37% jump.

Coins CEO Jean-Marie Mognetti, deals with the financial results of the company, called it “one of the strongest square squares”, because the political landscape has changed significantly.

“K4 2024 was probably the most acceptable quarter of digital property history, marked by revolutionary policies. (…) With our infrastructure in place and market position, we are stronger than ever, we are uniquely ready to use this key moment in digital property.”

Jean-Marie Mognetti

For the whole year, the income reached 126.8 million pounds, representing an increase of 66% from 2023. total comprehensive income for 2024. Year more than doubled to 107.5 million pounds, reads the press release.

The coin management division had the best quarter ever as the total assets on its physical platform increased 54% to $ 2.3 billion. In addition, coins claim that it is physical Bitcoin ETP He became the largest European as his total assets under management increased 30% to $ 3.74 billion.

Earlier in January, Covalagan’s Head of Research James Butterfly point out That 2024 ended with a record of $ 44.2 billion in digital funding products, which is almost four times higher than the “previous record set 2021. year, which indicated an inflow of 10.5 billion dollars.”