financetom
Business
financetom
/
Business
/
Coinbase's second-quarter revenue surges on crypto trading resurgence
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Coinbase's second-quarter revenue surges on crypto trading resurgence
Aug 1, 2024 1:36 PM

(Reuters) - Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks.

The company's net revenue came in at $1.38 billion for the three months ended June 30, compared with $662.5 million a year ago.

(Reporting by Manya Saini in Bengaluru; Editing by Devika Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved