Coinbase Q1 Revenue Reaches $1.8B

Coinbase Q1 revenue reaches $1.8B, doubling 2020 total What: The current cryptocurrency boom has led to Coinbase’s Q1 revenue surging ~900% in comparison to Q1 2020 of $190.6M. Importance: Increased institutional adoption has spurred this year’s cryptocurrency growth, leading to more investors pouring into exchanges such as Coinbase, increasing its user base and trading volume. […]