According to Odaily Planet Daily, European market maker Flow Traders released its unaudited financial report for the second quarter of 2024. In the second quarter of 2024, Flow Traders' net trading income was 79.5 million euros, total revenue was 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 trading capital of €624 million and generated a return on trading capital of 56%.

Flow Traders CEO Mike Kuehnel said that he will continue to cooperate in the TradFi and DeFi ecosystems in the future and actively seek new partnerships to support the adoption of digital assets.

According to previous news, Flow Traders assisted the German government in selling BTC; recently, Flow Traders also confirmed that it is the main market maker of the 21Shares Ethereum spot ETF.