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Post: CoinShares’ 2023 Report: Total Assets Reach $3.81B, Revenue Hits $108.4M

CoinShares’ 2023 Report: Total Assets Reach $3.81B, Revenue Hits $108.4M

Key Points:

  • CoinShares reported total assets under management of $3.81 billion as of Dec. 31, 2023.
  • The company earned a total revenue of $108.4 million in 2023.
  • In the fourth quarter of 2023, CoinShares had revenue, gains, and other income of $42.12 million.
  • The company’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter were approximately $32.51 million.
  • CoinShares recorded a significant recovery in 2023 compared to its earnings in 2022.


CoinShares, a digital asset investment platform, revealed its fourth-quarter report for 2023, indicating positive developments in its financial performance. The company’s total assets under management reached $3.81 billion as of Dec. 31, 2023, reflecting continued growth and investor confidence. CoinShares also reported a total revenue of $108.4 million for 2023, demonstrating a considerable improvement compared to the previous year.

In the fourth quarter of 2023 alone, CoinShares recorded revenue, gains, and other income of $42.12 million, with an adjusted EBITDA of around $32.51 million. These figures showcase the company’s ability to generate profits and manage expenses effectively during this period.

The significant recovery in 2023 is evident when comparing CoinShares’ earnings with those from 2022. In the fourth quarter of 2022, the company had negative EBITDA of $30.11 million and a negative total income of $46.94 million. However, in 2023, the company’s adjusted EBITDA for the year amounted to $71.98 million, with total income reaching $47.95 million.

Hot Take:

CoinShares’ financial results for 2023 demonstrate its strong performance in the digital asset investment space. The significant growth in total assets under management and the significant increase in revenue highlight the company’s ability to navigate the market effectively and attract investors. CoinShares’ improved financial performance compared to 2022 suggests that the company has made strategic adjustments and capitalizes on market opportunities. This positive momentum positions CoinShares well for continued success in the future.

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