Coinbase’s Q2 Report Reveals Strong Performance
Coinbase Global Inc. (NASDAQ: COIN), one of the leading cryptocurrency exchanges in the world, recently released its second quarterly report, and the performance is impressive. While the compay has had its share of ups and downs, this latest financial report suggests that the team is keeping the boat steady. The company reported total revenue of $1.45 billion for Q2 2024, an increase from $708 million a year ago. This figure surpassed estimates of Wall Street analysts, an indication of its operational strength, especially at a challenging period for crypto trading. The company has faced a decline in transaction revenue in…
