Reported about 19 hours ago
Coinbase reported a significant increase in revenue and profit for Q3, reaching $1.79 billion in net revenue, up from $1.13 billion a year prior. Trading volume surged to $295 billion, bolstered by advanced trader activity and favorable regulatory developments. The company's stock rose by 34% since the start of 2025, while profits reached $433 million. Coinbase also emphasized its focus on stablecoins, experiencing notable growth in associated revenues, and announced strategic partnerships with major banks to enhance its offerings.
Source: YAHOO