Crypto Excination Coinbase told a net income of $ 1.29 billion in the fourth quarter, while the net revenues of $ 2.2 billion comfortably won industry estimates.
Coinbase recorded its strongest profits in more than a year in the fourth quarter, as encryption and trading prices increased after US President Donald Trump was elected.
Financial results on February 13 Display The company reached the total revenue of $ 2.3 billion, an increase of 88 % quarter of a quarter, while the net income reached $ 1.3 billion, both of which exceeded the expectations of analysts.
Trading volume reached $ 439 billion in the fourth quarter, overcoming estimates of $ 404 billion.
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