Coinbase Is A Beast

To investors,

Coinbase released their financial numbers yesterday in preparation of their direct listing on April 14th. It would be an understatement to say that the numbers blew people away. Here is a quick summary:

  • 56M registered users

  • $223B in assets on the platform

  • $335B in trading volume

  • $730-800M in net income

While plenty of people were arguing that Co…

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