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

Odaily News European market maker Flow Traders released its unaudited financial report for the second quarter of 2024. In the second quarter of 2024, Flow Traders had net trading income of 79.5 million euros and total revenue of 76.2 million euros; total operating expenses were 55.2 million euros; and net profit was 12.8 million euros. As of the end of the second quarter of 2024, Flow Traders had a trading capital of 624 million euros and generated a 56% return on trading capital. Mike Kuehnel, CEO of Flow Traders, said that in the future, it will continue to cooperate in the TradFi and DeFi ecosystems and actively seek new partnerships to support the adoption of digital assets. Earlier news, Flow Traders assisted the German government in the sale of BTC; Flow Traders also recently confirmed that it is the main market maker of the 21Shares Ethereum spot ETF.