European crypto asset manager CoinShares records $7.4 billion AUM in first annual filing since Nasdaq listing
CoinShares reported $7.4 billion in assets under management in its first annual filing since listing on the Nasdaq.Summary
Following its $1.2 billion merger with Vine Hill and subsequent Nasdaq listing, CoinShares has released its first annual report. The company reported gross assets under management (AUM) of $7.4 billion and full-year revenue exceeding $165.7 million for 2025.
While asset management revenue grew by 13% to $126.4 million, net income decreased to $114.3 million from $162.4 million the previous year. This decline was primarily attributed to the absence of a one-time $36.8 million FTX claim gain recorded in 2024, alongside non-operational market fluctuations.
CEO Jean-Marie Mognetti highlighted that the firm is well-positioned for 2026, holding both MiFID and MiCA authorizations. The company also maintained disciplined cost control, reducing operating expenses by 2.9% to $70.7 million.
(Source：The Block)