CoinShares Q1 net profit falls to $24M
CoinShares’s net profit dropped 42.2% year-over-year as harsh macroeconomic conditions affected the digital assets industry. CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago. Although CoinShares’s…