Nasdaq-Listed Crypto Exchange Coincheck Reports Loss Of $98 Million In Q3, Shares Tumble 7%
Posted On February 13, 2025
Coincheck Group N.V. (NASDAQ:CNCK), the holding company of leading Japanese cryptocurrency exchange Coincheck, reported a 75% jump in revenue for the fiscal third quarter on Wednesday.
What happened: The company’s quarterly revenue soared to $785 million, up from $448 million disclosed in the second quarter, according to a press release.
The trading volume more than doubled to $785 million quarter-over-quarter, while customer assets increased by …