Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide

What happened

Swissquote announced it is lowering its full‑year earnings guidance after cryptocurrency‑related revenue dropped sharply in the first half of the year, causing its share price to fall noticeably in the market.

Confirmed

Global impact / market context

Crypto services are an important growth driver for digital banks; a sharp revenue drop signals weaker demand for trading and custody of digital assets, which can pressure Swissquote’s overall profitability and may dent confidence in similar fintech firms.

Analyst inference

Crypto markets have faced heightened volatility and tighter regulation this year, prompting many fintechs to reassess revenue forecasts. Investors are watching how reduced crypto income could affect earnings expectations across the broader online‑banking sector.

Analyst inference

What to watch

1. Monitor Swissquote’s upcoming quarterly reports for signs of stabilizing crypto revenue or further guidance cuts, which could directly influence its profit outlook and share price. Analyst inference
2. Watch how peer online‑banking and trading platforms report crypto income, as collective performance may shape investor sentiment toward the digital‑asset segment of the fintech industry. Analyst inference
3. Follow any new European or Swiss regulatory announcements affecting cryptocurrency services, since stricter rules could curb transaction volumes and further pressure revenue for firms like Swissquote. Analyst inference

Evidence

• coindesk.com