Cryptocurrency asset management firm CoinShares revealed in its latest release of the 2024 second-quarter results that its total revenue reached £22.5 million, marking a significant growth of 110% compared to the same period last year. This notable increase is largely attributed to the company's successful sale of its stakes in FTX, which resulted in a 116% recovery rate for net brokerage fees translating into £28.7 million returns. CoinShares highlighted in its operational highlights that the transaction was successfully completed on June 24th, contributing to a positive financial performance for the second quarter. Notably, in light of the bankruptcy of Swiss digital bank FlowBank SA, CoinShares undertook a comprehensive impairment charge for its main investment portfolio to mitigate risks. Despite this, the company's long-term investment strategy remains robust, including holding stakes in Komainu and positions in WAO Holdings.