Odaily Planet Daily News - The financial services company Antalpha, part of the Bitcoin mining ecosystem, has released its Q1 2025 financial report, with a net income of $1.46 million, a year-on-year increase of 423%; total revenue reached $13.6 million, a year-on-year growth of 41%. The company provides digital asset lending and risk management services through the Antalpha Prime platform, including Bitcoin loan technology platform fee income of $3.5 million, a year-on-year increase of 286%; supply chain loan technology financing fee income of $10.1 million, a year-on-year growth of 15%. Antalpha went public on NASDAQ in May, raising $56.7 million in its IPO, with Tether acquiring an 8.1% stake. The company expects second-quarter revenue to reach $16 million to $17 million. (The Block)

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