Tokens.com: Reports Financial Results for Fiscal Year 2022

Tokens.com: Reports Financial Results for Fiscal Year 2022

  • Tokens.com is a publicly traded technology company that invests in
    web3 assets and builds web3 businesses
  • Pleased to report its financial results for the nine-month fiscal year ended September 30, 2022 (“FY2022”)
  • Year-end cash balance of $5.8 million and digital assets – cryptocurrency balance of $7.3 million
  • Total revenue for the nine-months ended September 30, 2022 of $678k,
    or CAD$929k
  • Acquisition of Playte Group, a company that builds tools to power the
    play-to-earn gaming economy
  • Also impacting valuations is the uncertainty related to energy prices, climate
    change and supply chain disruptions
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...