Coinbase brought in revenue of around $520 million in 2018, 60% less than its projection

Coinbase, the largest cryptocurrency exchange in the U.S., brought in revenue of around $520 million in 2018 according to an estimate from Reuters.

According to a document reviewed by Bloomberg in October, Coinbase had projected $1.3 billion of revenue for 2018, which means they generated 60% less than they originally projected. In 2017, Coinbase generated $923 million in revenue meaning that the revenue in 2018 was down nearly 44% year-over-year.

Original source
https://www.theblockcrypto.com/tiny/coinbase-brought-in-revenue-of-around-520-million-in-2018-60-less-than-the-projection/?utm_source=rss&utm_medium=rss&utm_campaign=default

Add comment

Please Sign in to be able to leave comments.