The firm reported about $1.8 billion in revenue, a 9x increase from the prior year, and a net income of $730M to $800M on an adjusted EBITDA of about $1.1 billion. In addition, the company boasted 56M verified users (13M of them added in Q1 alone) and 6.1M monthly transacting users (+3.3M in Q1). Revenue growth over the last quarter was 207.6%, net income was up 312.9% and volume traded was up 272%.
Here’s a breakdown of the main figures from the company’s press release:
Verified Users of 56 million
Monthly Transacting Users (MTUs) of 6.1 million
Assets on Platform of $223 billion, representing 11.3% crypto asset market share
Includes $122 billion of Assets on Platform from Institutions
Trading Volume of $335 billion
Total Revenue of approximately $1.8 billion
Net Income of approximately $730 million to $800 million
Adjusted EBITDA of approximately $1.1 billion
