TechFlow news — European digital asset investment firm CoinShares has released its Q2 2024 financial report. The report shows that the company achieved revenue of £22.5 million in the second quarter, up 110% year-on-year; total comprehensive income reached £25.8 million, a 386% increase year-on-year; and adjusted EBITDA amounted to £26.6 million, rising 133% compared to the same period last year.
CEO Jean-Marie Mognetti stated that the company has maintained the strong momentum from Q1, reflecting the success of restructuring and streamlining initiatives implemented over the past two years. The company has introduced a new dividend policy and announced a special dividend following the sale of FTX claims, while driving growth through expansion in the U.S. and strengthened distribution in Europe.
