Flow Traders announces Q2 financial results: trading capital is 624 million euros, net trading income is 79.5 million euros

07/26 07:00

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European market maker Flow Traders has released its unaudited financial report for the second quarter of 2024. In Q2 2024, Flow Traders' net trading income was €79.5 million, total revenue was €76.2 million, total operating expenses were €55.2 million, and net profit was €12.8 million. As of the end of Q2 2024, Flow Traders' trading capital was €624 million, generating a 56% return on trading capital. Flow Traders CEO Mike Kuehnel said that they will continue to collaborate in the TradFi and DeFi ecosystems, and actively seek new partnerships to support the adoption of digital assets. Previously, Flow Traders assisted the German government in selling BTC, and recently confirmed that it is the primary market maker for 21Shares Ethereum spot ETF.

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