According to Deep Tide TechFlow news on June 18, The Block reported that Antalpha, a financial service company in the Bitcoin mining ecosystem, released its Q1 2025 financial report, with a net income of $1.46 million, a year-on-year increase of 423%; total revenue was $13.6 million, a year-on-year growth of 41%. The company provides digital asset lending and Risk Management services through the Antalpha Prime platform, with Bitcoin loan technology platform fee income of $3.5 million, a year-on-year increase of 286%; supply chain loan technology financing fee income of $10.1 million, a year-on-year increase of 15%. Antalpha went public on NASDAQ in May, raising $56.7 million from its IPO, with Tether acquiring an 8.1% stake. The company expects revenue in the second quarter to reach $16 million to $17 million.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Antalpha's net income for the first quarter rose 423% year-on-year, with Tether holding 8.1%.
According to Deep Tide TechFlow news on June 18, The Block reported that Antalpha, a financial service company in the Bitcoin mining ecosystem, released its Q1 2025 financial report, with a net income of $1.46 million, a year-on-year increase of 423%; total revenue was $13.6 million, a year-on-year growth of 41%. The company provides digital asset lending and Risk Management services through the Antalpha Prime platform, with Bitcoin loan technology platform fee income of $3.5 million, a year-on-year increase of 286%; supply chain loan technology financing fee income of $10.1 million, a year-on-year increase of 15%. Antalpha went public on NASDAQ in May, raising $56.7 million from its IPO, with Tether acquiring an 8.1% stake. The company expects revenue in the second quarter to reach $16 million to $17 million.