Coinbase Beats Q3 Transaction Revenue Estimates as Crypto Gains Lift Profit

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Coinbase beat third-quarter transaction revenue estimates, supported by gains in cryptocurrencies. The average amount of USDC held in Coinbase products reached a record $22 billion. Adjusted net income came in at $77.7 million, compared with $719 million in reported net income. Rising cryptocurrency prices therefore helped improve the company’s financial performance.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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