Crypto asset manager CoinShares reported total revenue of $165.7 million in 2025 in its first annual report after listing on Nasdaq, The Block reported. Additionally, CoinShares' total assets under management (AUM) are $7.4 billion, and revenue from its asset management business last year increased by 13% year-over-year to $126.4 million. CoinShares previously listed on the Nasdaq U.S. stock exchange on the 1st (local time) through a merger with a SPAC.