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CoinShares Earnings Surge in First Half
Comprehensive income, a profit measure that includes the change in the value of digital assets, climbed more than fivefold.
Updated May 9, 2023, 3:22 a.m. Published Aug 5, 2021, 9:14 a.m.
CoinShares, Europe’s largest digital asset investment firm, said its adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) climbed more than sevenfold in the first half of the year.
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- Comprehensive income, a profit measure that includes the change in the value of its digital assets, climbed more than fivefold to £58.7 million ($82 million), the Jersey-based company said in a statement.
- "This performance has been primarily driven by bitcoin and ethereum prices reaching all-time highs in April and May 2021, respectively," the company said. "This has resulted in increased management fees across the Group's Asset Management Platform."
- The volatility that subsequently brought about dramatic declines in BTC and ETH prices, however, seems to have taken its toll on CoinShares' assets under management (AUM).
- The firm's AUM at the end of June stood at £2.2 billion ($3 billion), a 33% decline from $4.5 billion at the end of last year.
- CoinShares began trading on the Nasdaq First North Growth Market in March following a public offering that raised $17.8 million.
Read more: CoinShares Issues Three Crypto ETNs on Deutsche Boerse
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Trump Media to distribute new digital tokens to DJT shareholders
The Truth Social parent said it will issue a new digital token on Crypto.com’s Cronos blockchain, with shares and crypto prices rising following the announcement.
What to know:
- Trump Media said shareholders will be eligible to receive one digital token for every whole share of DJT held once the program launches, with additional details expected in the new year.
- The token will be issued on Crypto.com’s Cronos blockchain, and may come with periodic rewards tied to Trump Media products such as Truth Social, Truth+, and Truth Predict.
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