Coinbase Smashes Revenue Record, Brings In $2,000,000,000 in Second Quarter

    Coinbase created a record for the on the whole net revenue of $2 billion from the dealings, subscription, and services in the second quarter of 2021 as the stage monthly performing users have been greater than before by 8.8 million up to 44%.

    In the August letter of shareholders, the major crypto exchange in the US said that its trade users get deeper their appointment with the platform in terms of the digital assets they will devote in or trade and the products they are going to use.

    Coinbase currently ropes 83 crypto possessions for trade and 142 for keeping, and on the whole exchange said that it is preparing to add more assets as the marketplace is going to evolve beyond the early use case of the trading bitcoin.

    Coinbase also said that the new cases such as decentralized finance, non-fungible tokens, and the decentralized self-directed organizations that correspond to the future of the crypto financial system despite still being in the early phase of the development.

    Coinbase said it is planning to list crypto assets much earlier while creating products accessible for the international marketplace and incorporating with the third-party crossing point and self-custody to make the decentralized applications much more suitable for the users.

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