From Nasdaq, Inc.:

Seven companies are worth more than $1 trillion today. However, by 2035, the $1 trillion club will likely look slightly different. Coinbase Global (NASDAQ: COIN) could potentially join the club. At the time of this writing, Coinbase’s market cap is just shy of $40 billion. It will need to grow by 2,400% to reach $1 trillion, but its past growth and current trajectory make it a potential candidate. Coinbase started in 2012 and has diversified its revenue model with innovative crypto products, catering to retail and institutional investors. It has seen a 400% increase in users and a nearly 500% increase in revenue over the past few years. Coinbase enjoys profit margins north of 80%, putting it in a strong position to reach $1 trillion by 2035 if revenue continues to grow at its current compound annual growth rate of 168%. While the path to $1 trillion is far from a guarantee, Coinbase has a significant advantage shared by many of the current members of the $1 trillion club — a leading position at the forefront of a paradigm shift. If Coinbase continues to ride the waves of crypto’s momentum, then reaching $1 trillion looks all the more possible.



Read more: Will Coinbase Be a Trillion-Dollar Stock by 2035?