TechFlow news, according to Cointelegraph, Japanese cryptocurrency exchange Coincheck released its third-quarter (October to December 2024) financial report. The data showed that revenue for the quarter reached $782 million, a 75% increase from the previous quarter, while customer assets grew by 72%. However, the company recorded a net loss of $98.1 million due to $751 million in sales and administrative expenses.
Coincheck Group CEO Gary Simanson said the revenue growth was primarily driven by the completion of its merger with Thunder Bridge Capital and subsequent listing on Nasdaq last December.
Add to Favorites
Share to Social Media
