Coinbase Q4 2024 Revenue Exceeds Expectations, Reaches $2.3 Billion
- Coinbase’s fourth-quarter revenue was $2.3 billion, surpassing analyst estimates by 23%.
- This marked an 88% increase from the previous quarter.
- Transaction revenue rose by 172% to $1.6 billion.
- Subscription and services revenue grew by 15%, reaching $641 million.
- Total annual revenue for Coinbase in 2024 more than doubled to $6.6 billion.
Coinbase’s Q4 performance was driven by rising digital asset prices and increased adoption of services like staking and USDC assets, contributing to a total annual revenue of $6.6 billion in 2024.
Source (2.6)https://cryptobriefing.com/coinbase-q4-2024-revenue-beats/?rand=59535
