you, Thank you, for Thank us. joining JP. everybody,
strong quarter and Exodus a milestone So the JP. QX as for was mentioned, market.
partner strategy, are by pipeline of of in the partners our with early our partners. still we existing it's While new relationships excited expansion and our our
the we aggregation providers majority makes I'd revenue up our from of generated But the remind of just fees we recognize to our the users. core API results Revenue of from providers business. our to the access third-party our large before quarter, into for charge like jumping exchange everybody API that
capabilities revenue, as partnerships. aggregation from providers which as such the have from fiat as API non-exchange well other our with our and also staking revenue We onboarding comes
affected the our historically can model, our short performance business the which has volatile in market by be been cycles, term. cryptocurrency Given
to across scale when over cycles. of longer time, However, looking business been period a those have we our able
partnerships.
In the down generated addressable revenue. XX% up strategies through further in That's our market our QX, XX% future, year-over-year $XX.X as such we So prior the and of capture quarter. million expect from to we
non-exchange activity XX.X% in revenue, X.X% revenue in strong market was the and in particularly exceptionally aggregation in factors, the total fiat Eden.
Exchange to September of revenue QX. strength user the late drives growth revenue to of and was appreciation summer aggregation our and which revenue the total year-over-year number onboarding majority in with exchange slower first on of up as well as an like of cryptocurrency the and sequential ramping one have partnerships our our the of total increased in driven up which both market up increased staking early in to XX.X% by of quarterly seasonally that compared revenue. Our revenue, half of platform, was aggregation, was Magic of in fall, Non-exchange we decline due driven versus This volatility was by aggregation made QX continued strong attributable primarily cryptocurrencies. our driven a including by price activity year revenue our The strength XXXX. made composed
QX Our the came exchange and reasons $XXX million, mentioned earlier. in for up I the provider volumes process year-over-year X% third from XX% down quarter for at
market in $XX.X an the in active was up QX QX. in by of largely in strength million monthly approximately driven driven earlier, million had ramping QX, user in Year-over-year of the the $XXX,XXX and XXXX. operating year of million operating I Our to of prior we platform, including partnerships.
In our $XX,XXX approximately loss X.X versus and an were loss by an X.X users the of the cryptocurrency X.X our increased compared activity growth QX and operating mentioned loss a million ago reasons continued year on
resulted and our operating new of a assets. some has digital operate business The mark-to-market with As adoption for some we swings net income. reminder, our in XXXX in hold accounting and treasury in digital assets our
and QX of In assets $XX.X XXXX assets digital we million had digital our compared assets XXXX, QX of $XXX,XXX XXXX. net QX on of net in of in on of digital to net $XXX,XXX loss approximately of losses approximately on loss
look largely the on can was to product in million digital we've by in our $XX our high gains offering last time. you our headcount see asset the and over driven holdings months, though, income $XX.X recent and over X net If million, was you business QX.
In scale operating quarters, that invested income
heavily traditional campaigns have on we have YouTube we invest of through and and our marketing number also growing platforms, our begun marketing high-quality in relied mouth channel, in users advertising recent instead quarters. word focusing While to of on not
with our ended responsibly liquid and line in value. quarter $XXX.X of U.S. a million history and with have assets, and ASU so do focus of also digital now We of strong stablecoins no but to but foreseeable digital continue to XXXX-XX, debt. bills, the a at mainly treasury All so told, with dollars, Ethereum, early A expect are profitability, on and adopters scaling assets dollar-denominated we fair in QX, we are Bitcoin the our that reminder future. held we business
with with of balancing experience we operational our currency have we digital and fiat holdings. some to years our fluctuation expect balance makeup, treasury its due asset While our needs sheet
XX, marketing as our in including are significant us that of as prices of asset flexibility services, we Our digital healthy initiatives. seen holdings remember well M&A invest corporate provides opportunities have XXXX, the And as treasury our September technology these late. in and again, appreciation on to
market. large to and shareholder So seek QX in strategic a position unique in to long believe with this business innovative strong and improve a was of the continuation performance to products, capture our runway growing in a value. opportunity year. Along partnerships to a liquidity asset our our we that to our model, maximize create We digital we efforts stock, are close, strong
And with some questions. that, we'll take
