Coinbase $COIN returns to profit with $719 MILLION in Q3 net income. Its adjusted EBITDA jumped 60% in just one quarter to $333 MILLION, its 15th straight positive quarter.…
Original source excerpt
🚨JUST IN: Coinbase $COIN returns to profit with $719 MILLION in Q3 net income. Its adjusted EBITDA jumped 60% in just one quarter to $333 MILLION, its 15th straight positive quarter. Prediction mar…
🚨JUST IN: Coinbase $COIN returns to profit with $719 MILLION in Q3 net income. Its adjusted EBITDA jumped 60% in just one quarter to $333 MILLION, its 15th straight positive quarter. Prediction markets are now on pace for over $200 MILLION in yearly revenue, one of the fastest-growing products in Coinbase's history. Average USDC held on Coinbase hit a RECORD $22 BILLION, up 49% from a year ago. Meanwhile, its share of crypto trading volume rose for a fourth straight quarter to 10.7%.
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