Log in/ Sign up

About TSHP

12Ships (TSHP) is a cryptocurrency launched in 2019. TSHP has a current supply of 4.98Bn with 0 in circulation. The last known price of TSHP is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at http://www.12ships.com/.

Official Website

Social Media

TSHP Price Statistics
TSHP’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8431
TSHP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$266,450.90
TSHP Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
TSHP Supply
Circulating Supply
0
Total Supply
4.98Bn
Max Supply
5.00Bn
Updated Apr 10, 2025 10:00 am
image
TSHP
12Ships
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Figure's financial report: Net profit increased by 574% to $134 million in 2025; plans to repurchase $200 million worth of shares.
Figure's financial report: Net profit increased by 574% to $134 million in 2025; plans to repurchase $200 million worth of shares.
According to official news, blockchain capital markets company Figure released its financial report for the fourth quarter and full year of 2025. The company announced that its board of directors has authorized a $200 million share repurchase program. The report shows that the consumer loan market transaction volume reached $2.7 billion in the fourth quarter, a year-on-year increase of 131%; of which, the transaction volume on the Figure Connect platform was $1.5 billion, higher than the $1.1 billion in the third quarter. Net revenue increased by 91% year-on-year, and adjusted net revenue reached $158 million, a year-on-year increase of 106%. Net profit increased to $15 million, a year-on-year increase of 156%; the net profit margin reached 9.4%, an increase of 2 percentage points year-on-year. Adjusted EBITDA reached $81 million, a year-on-year increase of 426%; the adjusted EBITDA margin reached 51.6%, an increase of 31 percentage points year-on-year. As of the end of the quarter, cash and cash equivalents (excluding restricted funds and stablecoins) were $1.2 billion, and outstanding loans were $404 million. In 2025, the total transaction volume of the consumer lending market reached $8.4 billion, a year-on-year increase of 63%; of which Figure Connect's transaction volume was $3.8 billion. Net revenue increased by 49% year-on-year, and adjusted net revenue reached $515 million, a year-on-year increase of 52%. Net profit for the year was $134 million, a year-on-year increase of 574%; the net profit margin reached 26.5%, an increase of 21 percentage points year-on-year. Adjusted EBITDA was $251 million, a year-on-year increase of 148%; the adjusted EBITDA margin reached 48.8%, an increase of 19 percentage points year-on-year.
Feb 27, 2026 6:28 pm

Frequently Asked Questions

  • What Is 12Ships (TSHP)?

    12Ships (TSHP) was launched in 2019 to realize the ambitions of the Fourth Industrial Revolution through blockchain technology. The company's mission is to generate stable profits and innovate the blockchain space by developing smart mining solutions that are formed on eco-friendly mining infrastructure using 12Ships’ high-performance mining machine.

    The company aims to expand the scope of TSHP tokens, to develop a secure, streamlined and profitable service for games and e-commerce, and to create a global platform built upon reliable blockchain infrastructure.

    Who Are the Founders of 12Ships?

    12Ships (TSHP) is backed by Twelveships Foundation Ltd., founded by Ahn Michael and Min Young Hoon in March 2018. The company is registered in Singapore but is headquartered in South Korea.

    Qianjie Zhao is the director of 12Ships Foundation. Since 2019, he has served as an advisor to FBG Group and as co-founder and CEO of Vancores; the latter acquired 12Ships in April 2020. Zhao entered the blockchain space in 2014, beginning his journey as marketing director for BTCChina. He also took a leading role in BTCChina’s mining pool, which was at one point one of the largest Bitcoin (BTC) mining pools in the world.

    Peng Zhao is chief technical officer (CTO) at both 12Ships and Vancores and has 15 years of experience in IC research and development (R&D).

    12Ships’ chief hardware architect is Duncan Chen. He has over 16 years’ experience of working in consumer electronics and industrial automation hardware design and management.

    Chase Wang is chief software architect at the company and has expertise in blockchain and cryptocurrency mining. Prior to working at 12Ships and Vancores, Wang was the tech director of BTCChina Pool.

    What Makes 12Ships Unique?

    The main goal of 12Ships (TSHP) is to simplify the blockchain investment process by providing a profitable and secure infrastructure for cryptocurrency mining. The 12Ships team has devised high-performance equipment for reliable data storage and developed software for its smooth operation. It also offers transparent mining pools to platform users.

    Its products and services include:

    • ASICs. Specialized crypto mining hardware that supports multi-algorithm mining using low voltage technologies. The developers promise high performance with low energy consumption.
    • Immersion Cooling System. According to its creators, the system is 100 times more efficient than an air-cooling method, thereby reducing energy consumption.
    • Hansando. A Bitcoin (BTC) mining pool located in South Korea, with a focus on fair and transparent distribution and providing users with a simple interface. Its technology is focused on what the company calls “3S”: smart monitoring, smart contracts and smart voting).
    • Hashchain. An open blockchain network based on a proof-of-work (PoW) system that ensures a high level of security.

    Related Pages:

    Read about Cardano (ADA) , Enjin Coin (ENJ) and Filecoin (FIL).

    What is ERC-20? Learn more with CMC Alexandria.

    Brush up on crypto terms using CMC Alexandria’s glossary.

    Follow the latest data on Ethereum (ETH).

    How Many 12Ships (TSHP) Coins Are There in Circulation?

    12Ships (TSHP) is an ERC-20 token that runs on the Ethereum (ETH) blockchain, with a maximum supply of 5,000,000,000 coins. The allocation of TSHP is as follows:

    • 10% to the team
    • 10% to advisors and partners
    • 32% to sales
    • 28% to the reserve
    • 20% to the 12Ships ecosystem

    TSHP is used for Hashchain services in a similar way to gas fees on other blockchains. Hashchain’s mining algorithm resembles that of Ethereum; users pay the network’s miners to carry out transactions on Hashchain.

    TSHP token holders also participate in voting for the Hansando team and can influence the development of the ecosystem.

    How Is the 12Ships Network Secured?

    12Ships (TSHP) is deployed on the Ethereum (ETH) blockchain, on which all operations are regulated and controlled by smart contracts. In 2019, the company successfully completed an audit by CertiK, which was conducted to detect problems and vulnerabilities in the source code of 12Ships’ smart contracts.

    Further security is provided by Haschchain, which operates on a PoW mechanism and provides convenient verification, preventing tampering. Haschchain allows for the reliable recording, storage, and verification of important data, while minimizing the risks of data transmission errors or hacking.

    Where Can You Buy 12Ships (TSHP)?

    12Ships (TSHP) is currently listed on at least two crypto exchanges: Gate.io and Bittrex.

    Download the CoinMarketCap mobile app and track prices of TSHP in real time.

    CoinMarketCap blog: stay up to date with the latest industry news, events and announcements.

    Read More
  • What is the all-time high price of 12Ships (TSHP)?

    The all-time high of TSHP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of 12Ships (TSHP) is 0. The current price of TSHP is down 0% from its all-time high.

    Read More
  • How much 12Ships (TSHP) is there in circulation?

    As of , there is currently 0 TSHP in circulation. TSHP has a maximum supply of 5.00Bn.

    Read More
  • What is the market cap of 12Ships (TSHP)?

    The current market cap of TSHP is 0. It is calculated by multiplying the current supply of TSHP by its real-time market price of 0.

    Read More
  • What is the all-time low price of 12Ships (TSHP)?

    The all-time low of TSHP was 0 , from which the coin is now up 0%. The all-time low price of 12Ships (TSHP) is 0. The current price of TSHP is up 0% from its all-time low.

    Read More
  • Is 12Ships (TSHP) a good investment?

    12Ships (TSHP) has a market capitalization of $0 and is ranked #8431 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze 12Ships (TSHP) price trends and patterns to find the best time to purchase TSHP.

    Read More