Galaxy Digital reports full-year 2023 net profit of $296 million
According to BlockBeats news, on March 26, digital asset financial services company Galaxy Digital announced a net profit of US$296 million in its full-year financial results for 2023. This marks a significant change from the $1 billion loss in the same period last year, and the "crypto winter" is over.
"Digital asset prices have experienced significant changes since the end of the fourth quarter of 2023, and our business has benefited from increased market volatility and increased trading volumes," the company said in a statement.