Crypto exchange Coinbase is expected to report strong earnings for the fourth quarter, with revenue estimated to be $1.8 billion, up from $1.26 billion in the previous quarter. Analysts also predict a rise in exchange volume to $195.9 billion, the highest quarterly result since 2021. Wall Street analysts maintain a bullish outlook on Coinbase and believe the company is well positioned to benefit from the potential transition of the crypto industry. However, it is uncertain how 2025 will play out for Coinbase, as policy changes usually take time to take effect. The company's main focus has been diversifying its revenue streams, as half of its revenue still comes from trading fees. Coinbase may address this issue by exploring tokenization, smart contracts, cross-border efficiency, and other blockchain applications.
Content Editor ( coindesk.com )
- 2025-02-12
Coinbase Q4 Earnings Expected to Show Best Volume Since 2021
