Coinbase Reports Record Net Revenues of $2.5 Billion in Q4 2021
TokenInsight news, Coinbase reported record net revenues of $2.5 billion for the fourth quarter of 2021, well ahead of the $1.97 billion widely expected by analysts. Other key metrics reported included net income of $840 million, adjusted EBITDA of $1.2 billion, and 11.4 million monthly trading users (MTUs). Of the $547 billion in reported trading volume, $177 billion came from retail investors and $371 billion from institutional traders. Assets on the platform increased from $255 billion in the third quarter to $278 billion in the fourth quarter.