Coinbase Q3 Net Income Jumps 66% to $719 Million
Coinbase reported third-quarter net income of $719 million. Its prediction markets and derivatives businesses helped offset weaker spot trading activity, analysts said.
Coinbase (COIN) reported a sharp jump in third-quarter net income to $719 million, as its expanding prediction markets and derivatives businesses helped offset weaker spot trading activity, analysts said.According to the exchange's earnings report released Thursday, the company generated $1.22 bill…