Core Insights - Coinbase's Q3 trading volume reached $295 billion, with strong momentum continuing into Q4 [1][4] - The company's net profit surged nearly fivefold year-over-year to $433 million, up from $75.5 million [3][4] - Revenue for Q3 grew 55% year-over-year to $1.9 billion, exceeding analyst expectations of $1.8 billion [3] Revenue Drivers - The increase in trading volume was driven by record token prices, contributing to significant revenue growth [3] - Besides trading, revenue from stablecoins and derivatives also played a crucial role in the growth [5] - Coinbase earned $354.7 million from its stake in Circle Internet Group, the issuer of the USDC stablecoin [6] - The newly acquired options platform Deribit contributed $52 million in revenue, benefiting from a record high in nominal trading volume [6] Future Plans - The CEO announced plans to share more details on stock tokenization and prediction markets at a product showcase on December 17 [7] - The company aims to evolve into an "everything app" that provides all financial functions needed by consumers [7] - Coinbase executives expressed continued interest in acquisitions, particularly in the trading and payment sectors [8]
盘后涨3.5%!Coinbase营收大涨55%,交易量创新高!12月展示“股票代币化和预测市场细节”,继续迈向“万物交易所”
美股IPO·2025-10-31 02:55