CompaniesCrypto Exchanges

Coinbase crypto exchange trading volumes exceed 1,500%

Coinbase crypto exchange has posted a net income attributable to common shareholders of 1.59 billion. Coinbase Global Inc reported a more than 1,500% jump in quarterly trading volumes last week, as the U.S. cryptocurrency exchange consolidated its huge expansion at the start of this year and a surge in bitcoin trades continued well into the quarter.

Coinbase’s trading volumes stood at $462 billion for the quarter ended June 30, compared to $28 billion in the year-ago period.

The crypto exchange posted a net income attributable to common shareholders of $1.59 billion, or $6.42 per share, for the quarter ended June 30.

News Desk

UNLOCK Blockchain News Desk is fueled by a passionate team of young individuals deeply immersed in the world of Blockchain and Crypto. Our mission? To keep you, our loyal reader, on the cutting edge of industry news. Drop us a line at info(@)unlock-bc.com to connect with our team and stay ahead of the curve!

Related Articles

Back to top button