TenX Protocols FY27 Q1 net loss widens to C$2.81 million; staking revenue rises to C$115,323
Reuters2026/08/31 20:36Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- TenX Protocols posted a net loss of C$2.81 million for the three months ended June 30, 2026, widening from C$176,059 a year earlier.
- Staking revenue climbed to C$115,323, more than doubled from C$17,549 in the prior-year quarter.
- Cash slipped 11.95% to C$4.22 million at June 30 from March 31, while total assets fell 19.97% to C$12.36 million.
- Direct digital assets dropped 25.52% to C$6.95 million; the quarter’s loss was driven by a C$1.91 million non-cash revaluation hit.
- Galaxy investments were valued at C$952,015, representing exposure to 10,880 SOL; management highlighted C$4.36 million working capital and no interest-bearing debt.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TenX Protocols Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608311635NEWSFILECNPR____20260831_312167_1) on August 31, 2026, and is solely responsible for the information contained therein.
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