Galaxy Digital, one of the important companies in the cryptocurrency industry, announced its financial earnings results for 2023 today.
Accordingly, while Galaxy Digital earned a net income of $ 302 million in the last quarter of 2023, this figure represents an increase of 421% compared to the third quarter, when it reported a net loss of $ 94 million.
The firm also stated that its assets under management exceeded $10 billion at the end of last month. Again, according to the earnings report, the company stated that it has $27 million worth of Celestia (TIA) and $41 million worth of locked tokens.
Although TIA experienced an increase after the news, it later gave back these gains.
*This is not investment advice.