Today news
About the same in other media
12.08 - 12:41
Fidelity digital asset revenue surges 1,800% but unit fails to turn a profit as staff costs triple
Reading now: 222
fnlondon.comRevenue spiked at Fidelity's fledgling digital assets business in the UK last year, as more institutional investors flocked towards trading and holding crypto.
But despite a 1,804% jump in turnover, losses in the unit widened to £3.4m as staff costs also swelled.
Accounts filed with Companies House in the UK show Fidelity Digital Assets generated...
Read more on fnlondon.comAbout this in other media
Abrdn Buys Stake In Digital Assets Exchange Archax ndtv.com /2 years ago
UK builder Bellway reports record revenue as house prices climb theguardian.com /2 years ago
News Corp almost doubles its profits on back of digital advertising and subscribers theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
