CoinShares Revenue Soars 110% YoY to £22.5m in Q2

IconCryptoNewsTerminal Staff05 Aug, 2024

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CoinShares Revenue Soars 110% YoY to £22.5m in Q2

CoinShares, a leading UK-based crypto investment fund, has reported impressive financial results for the second quarter (Q2) of 2023. According to its recent quarterly financial report, the company's revenue surged to £22.5 million ($28.73 million). This represents a remarkable 110% year-over-year (YoY) increase compared to the same period in 2022, showcasing the company's continued growth in the cryptocurrency sector. ```