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- 🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
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- Dear Gate Post users, we’re excited to announce a brand-new upgrade to our user interface! The new version is simpler, smoother, and packed with many thoughtful new features. Update now and explore what's new! What do you think of the new Gate Post experience? Which features do you like most? Have you noticed any surprises or improvements? Share your experience now to split a $50 prize pool!
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- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
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CoinShares' Q1 net profit fell by 42.2% year-on-year, with the CEO stating that the global economy is undergoing a "comprehensive transformation."
[CoinShares Q1 net profit fell 42.2% year-on-year, CEO says global economy is undergoing a "comprehensive transformation"] CoinShares reported that its net profit for the first quarter of 2025 fell to $24 million, a decrease of 42.2% compared to the same period last year. The company's CEO, Jean-Marie Mognetti, stated in a letter to shareholders: "What we are witnessing is not merely market fluctuation—but a comprehensive transformation of the global economic order." Poor performance of Ethereum led to outflows of $23 million from CoinShares Physical Staked Ethereum ETP (ETHE). "Due to broader market corrections—including a 12.1% fall in Bitcoin prices—the total assets under management (AuM) decreased by 10.7%, dropping to $1.52 billion at the end of the first quarter."