GuShiio.com learned that Coinbase’s revenue in the fourth quarter of 2024 was US$2.3 billion, exceeding expectations of US$1.87 billion, an increase of 88% month-on-month; transaction revenue was US$1.6 billion, a month-on-month increase of 172%; and transaction volume reached US$439 billion. Subscription and service revenue was $641 million, a month-on-month increase of 15%. Operating expenses were US$1.2 billion, a month-on-month increase of 19%. Net income was $1.3 billion, including $476 million in unrealized gains from the crypto asset portfolio. Earnings per share (EPS) were $4.68.
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