Coinbase Posts Blowout Q1 Results as Next Week’s Public Listing Nears

What happened: On Tuesday, Coinbase released its strong Q1 2021 earnings results on Tuesday. The Q1 numbers: Revenue of ~$1.8B. Net income of $730M–$800M for Q1. For the quarter, active users increased 117% to 6.1M and verified users increased 30% to 56M. Trading volume was $335B in Q1, vs. $193B for all of 2020 Why […]