Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Antalpha’s Q1 Net Income Surges 423% Year-on-Year, Tether Holds 8.1% Stake

Antalpha’s Q1 Net Income Surges 423% Year-on-Year, Tether Holds 8.1% Stake

星球日报星球日报2025/06/18 03:37
Show original

Odaily Planet Daily reported that Antalpha, a financial services company in the Bitcoin mining ecosystem, released its financial report for the first quarter of 2025, with net income reaching $1.46 million, a year-on-year increase of 423%. Total revenue was $13.6 million, up 41% year-on-year. The company provides digital asset lending and risk management services through the Antalpha Prime platform, with revenue from Bitcoin loan technology platform fees reaching $3.5 million, a 286% year-on-year increase, and supply chain loan technology financing fees totaling $10.1 million, up 15% year-on-year. Antalpha was listed on Nasdaq in May, raising $56.7 million in its IPO, with Tether acquiring an 8.1% stake. The company expects second-quarter revenue to reach between $16 million and $17 million. (The Block)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Investors reportedly offering Anthropic allocation shares at premiums of up to 5% ahead of its IPO

According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.

华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01
Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.