Coinbase revenue surges more than 130% driven by postelection crypto rally
From CNBC: 2025-02-13 16:32:04
Coinbase reported fourth-quarter results exceeding expectations with a net income of $1.3 billion and revenue of $2.3 billion. Transaction revenue more than doubled to $1.56 billion, beating analyst estimates. Total trading volume increased by 185% year-over-year, driven by higher crypto asset volatility and prices. The stock rose 2% in extended trading.
Read more at CNBC:: Coinbase revenue surges more than 130% driven by postelection crypto rally