TechFlow, June 18 — According to The Block, Antalpha, a financial services company in the Bitcoin mining ecosystem, released its first-quarter 2025 financial results, reporting a net income of $1.46 million, a year-on-year increase of 423%, and total revenue of $13.6 million, up 41% year-on-year. The company provides digital asset lending and risk management services through its Antalpha Prime platform, generating $3.5 million in technical platform fees from Bitcoin lending, a 286% year-on-year rise, and $10.1 million in technical financing fees from supply chain lending, up 15% year-on-year. Antalpha went public on Nasdaq in May, raising $56.7 million through its IPO, with Tether acquiring an 8.1% stake. The company expects second-quarter revenue to reach between $16 million and $17 million.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
