Crypto asset management company CoinShares released its fourth quarter 2022 financial report. The company's revenue in the fourth quarter of 2022 was 8.8 million pounds, a decrease of 65% from 25.7 million pounds in the same period of 2021. The revenue for the whole year of 2022 was 51.5 million pounds, a decrease of 36% from 80.8 million pounds in the same period of 2021. The total comprehensive income in the fourth quarter of 2022 was -37 million pounds, and the total comprehensive income for the whole year of 2022 was 3 million pounds, a decrease of 97% from 113.4 million pounds in the same period of 2021.
As of December 31, 2022, the Group's total assets under management were £1.44 billion (approximately $1.731 billion), of which £1 billion was on the balance sheet related to the Group's ETPs issued by XBT Provider and CoinShares Digital Securities Limited. The remaining £440 million was attributed to the BLOCK Index, which is not included in the balance sheet.