Ahead of its April 14 direct listing, Coinbase reports a record quarter, with estimated profits of $730M-$800M in Q1 on revenue of ~$1.8B and 56M verified users (Jeff John Roberts/Decrypt)

06
Apr

Jeff John Roberts / Decrypt:

Ahead of its April 14 direct listing, Coinbase reports a record quarter, with estimated profits of $730M-$800M in Q1 on revenue of ~$1.8B and 56M verified users — Coinbase in Q1 2021 had its best quarter in the company’s history by far. The news will likely boost the price of its shares on its April 14 direct listing.