Coinbase Reports Strong 2024 Financial Performance
- Coinbase’s Q4 revenue reached $2.3 billion, with a 172% increase in trading revenue to $1.6 billion.
- The company’s Q4 trading volume was $439 billion.
- Total annual revenue for 2024 was $6.6 billion, with a net income of $2.6 billion.
- EBITDA for the year stood at $3.3 billion.
- Coinbase secured VASP registrations in the UK and Argentina and is pursuing a MiCA license in the EU.
Coinbase closed 2024 with significant financial gains, reporting a total annual revenue of $6.6 billion and securing important international regulatory approvals.
Source (2.6.1)https://cryptoslate.com/coinbases-2024-revenue-soars-to-6-6-billion-as-international-regulatory-wins-pay-off/?rand=24433
