Coinbase (Coin) exceeded the already strong estimates for the results of the fourth quarter, registering a gain of 138% year after year in income in the middle of the large bull movement in the cryptography around the November elections of Donald Trump.
The main exchange of Crypt from the USA. Uu received revenues from the fourth quarter of $$ 2.27 billion against the consensus of $ 1.84 billion and $ 1.26 billion three months before.
Profits adjusted for three months of $ 1.3 billion superimposed of $ 906.9 million.
The volume of negotiation in the fourth quarter was $ 439 billion, 185% more than the level of the previous year. Transactions revenues of $ 1.56 billion were higher in 194% year after year.
“Crypto’s voice was heard aloud and clearly in the United States elections, and the era of regulation through the application that paralyzed our industry in the United States is coming out, “said CEO Brian Armstrong in his letter of shareholders. ” Our objectives in 2025 are to drive income, boost usefulness and climb our bases. “
Coinbase actions rise modestly in the negotiation outside the schedule, but the actions have already joined at 8.5% during today’s regular session after the cryptographic results of Robinhood’s triple fourth on Wednesday.
Discharge of responsibility: parts of this article were generated with the assistance of the AI tools and reviewed by our editorial team to guarantee the precision and compliance with our standards. For more information, see Coindesk’s complete policy.