CoinShares Announces Q4 2024 Results

From GlobeNewswire: 2025-02-18 01:00:00

CoinShares International Limited has released its Q4 2024 results, with EBITDA reaching £33.6 million, a 37% increase from Q4 2023. The company saw total comprehensive income of £46.7 million for Q4 and £107.5 million for the full year 2024. CoinShares’ Asset Management division had a strong quarter, with notable growth in its Physical platform. The company’s Physical Bitcoin ETP became Europe’s largest.

In Q4, CoinShares’ Capital Markets and Hedge Fund Solutions division demonstrated robust performance across all business lines, delivering £21.2 million. The division capitalized on market volatility and generated consistent yields from staking activities. Overall, Q4 marked one of the Group’s strongest quarters ever, contributing to 2024 being the second strongest year in the Group’s history.

The Board of CoinShares has proposed an annual dividend of £20,000,000 for the financial year ending 31 December 2024. The dividend will be paid in four equal instalments via the Euroclear Sweden settlement system, subject to the Group’s financial health. The full report on the Q4 results, including financial information on all business units, is available for download.

CoinShares, a global investment company specializing in digital assets, has been focusing on crypto since 2013. The firm is regulated in Jersey, France, and the US, and is publicly listed on the Nasdaq Stockholm and OTCQX. The Annual Report for the Group, inclusive of full audited financials, is set to be released on 30th April 2025. For more information on CoinShares, visit their website.



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