on Wednesday morning ahead of its direct public listing on the Nasdaq, giving investors a closer look at a company at the forefront of the surging cryptocurrency industry as prices soar and institutional investors pile in.Key Facts
Coinbase raked in a staggering $1.27 billion in total revenue in 2020, more than double its $483 million net revenue the previous year, with a net margin of 25%. The exchange pulled in $585 million in total revenue in the fourth quarter of 2020 alone, in line withThe exchange said the majority of its net revenue comes from transactions in bitcoin and ether, the two largest cryptocurrencies by market capitalization, which accounted for more than 56% of total trading volume on the platform in 2020.The company said it has 43 million verified retail users on its platform, 2.8 million of which make monthly transactions, along with 7,000 institutions.
Gonna wait for it to drop after it goes public and stack up and never sell the stock. Coinbase is so simple to use for beginners as well as there wallet that I believe will be used just as much as apple/google pay in the near future
tokenizedtweets 0x12D0F38D06834D32f7d2BFB2Ee94F4926B4D1bB7
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