Crypto exchange Coinbase exceeds revenue expectations in Q4 2022

Crypto exchange Coinbase exceeds revenue expectations in Q4 2022


AMB Crypto
2023-02-22 11:30:28

Coinbase shares rose by 78% in Q4 2022. However, its transaction volume continued to decline. Cryptocurrency exchange Coinbase has exceeded revenue expectations for the fourth quarter of 2022, but its transaction volume continued to decline. The exchange’s net revenue for the fourth quarter stood at $605 million, exceeding the $589 million estimates of the Wall