Coinshares Reports $165M Revenue Post-Nasdaq Listing

Coinshares PLC reported $165.7 million in total revenue for fiscal year 2025, a 6.5% increase year-over-year. This follows its recent Nasdaq listing and transition to U.S. GAAP accounting standards.

Asset management revenue increased by 13. 1% to $126.4 million, maintaining a 170 basis point yield. Gross Assets Under Management (AUM) stood at $7.4 billion as of December 31, 2025, a decrease attributed to market volatility.

Operating income rose 1. 6% to $127.0 million, with operating expenses decreasing by nearly 3%. Net income for FY2025 was $114.3 million, lower than the previous year due to the absence of a one-time gain from an FTX bankruptcy claim sale.

The company holds approximately $481. 3 million in available capital, including $176.7 million in liquid assets. Strategic expansion includes leveraging MiFID and MiCA authorizations in Europe and a U.

S. market foothold via an acquisition.