CoinShares Reports $7.4 Billion AUM, $165.7 Million Revenue in First Annual Filing Since Nasdaq Listing

According to CoinShares’ first annual filing following its Nasdaq listing, the European crypto asset manager reported $7.4 billion in gross assets under management and $165.7 million in full-year revenue for 2025. The firm’s asset management business generated $126.4 million in revenue, up 13% from $111.7 million in 2024. However, net income declined to $114.3 million from $162.4 million the previous year, primarily due to a one-time $36.8 million FTX claim gain recorded in 2024 and lower unrealized gains from ETP pricing differentials.

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