AllAnalyst Report
logoMorningstarJuly 08, 2024

Coinbase Global, Inc.: Coinbase Earnings: Booming Cryptocurrency Markets Drive Trading Volume and Earnings Higher

Symbols
COIN
Sector(s)
Financial Services
Rating
Current Price
$231.52
Fair Value
Economic Moat
Stewardship
Summary

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue f

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