Liquidity provider MAS Markets published its results on Monday for the financial year ending at the close of May.
The company generated revenues of £3.19m over the 12 month period.
That was a more than three-fold increase on the prior year, when the firm made £1.05m in revenue.
Net income for the year was £247,031, net of taxes and with retained earnings brought forward.
Those results reflect the company’s expansion efforts over the last 18 months.
MAS Markets has a Lithuanian entity, with an operational set up in the country to facilitate crypto trading. Brokers and other firms trading with MAS Markets can use crypto as margin for their account via this entity.
The company also has a funds offering in Luxembourg and another company set up in Australia.
