Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line
The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.
Publicly traded digital-asset brokerage Voyager Digital registered four-digit growth in revenue in the last fiscal year.
Bitcoin mining firm Argo Blockchain said an 11-fold increase in revenues shows pivoting away from mining-as-a-service was a good move for the company.
The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency.
Blockstack disclosed that its $23 million revenue in 2019 came almost entirely from Stacks token sales.
The crypto investment firm says it raised almost as much in Q1 2020 as it did over the whole of 2019.