Digital Currency Group (DCG), Grayscale's parent company, reported first-quarter revenue up 11% from the previous quarter, reaching $229 million.
Grayscale accounted for $156 million in revenue, thanks to strong price increases in $BTC and $ETH . This revenue was virtually unchanged from the previous quarter despite many investors selling GBTC.
Bitcoin mining company Foundry saw revenue increase 35%, and investment platform Luno saw revenue increase 46%.
