Golden Finance reported that Galaxy announced its financial performance report for the first quarter of 2025, which disclosed:
Net loss of $295 million, as of March 31, 2025, with a capital of $1.9 billion, holding approximately $1.1 billion in cash and stablecoins.
Total revenue and operating profit and loss amounted to 12.9 billion USD, offset by total trading fees of 13.1 billion USD, a quarter-on-quarter decrease of 21%.
The total amount of assets and holdings managed by Galaxy is approximately $7 billion, a decrease of 29% quarter-on-quarter due to the decline in digital asset prices.
The rights to hold BTC investment instruments, including Bitcoin futures ETFs, also include holdings valued at 19.6 million USD in SOL and 21.7 million USD in TIA.
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Galaxy announced its Q1 financial report: a net loss of $295 million, holding approximately $1.1 billion in cash and stablecoins.
Golden Finance reported that Galaxy announced its financial performance report for the first quarter of 2025, which disclosed: