Coinbase’s Q4 2024 report showed revenue of $2.3bn

Coinbase’s Q4 2024 report showed revenue of $2.3bn, surpassing the expected $1.87bn and marking an 88% quarter-over-quarter (QoQ) increase.

The company reported a net income of $1.3bn ($4.68 earnings per share), including $476m in unrealized crypto gains. Trading revenue hit $1.6bn, up 172% QoQ, on a trading volume of $439bn.