Workflow
Coinbase stock rises after company posts higher revenue on crypto market upswing

Coinbase Global (COIN) on Thursday posted higher-than-expected profit and revenue for the third quarter, as crypto markets boosted revenue and trading activity during the period. In its third quarter, net revenue at the crypto exchange tallied 1.79billion,upfrom1.79 billion, up from 1.13 billion in the same quarter last year. Its trading volume during the quarter totaled 295billion,upfrom295 billion, up from 185 billion last year. Profits totaled 433million,or433 million, or 1.50 per share, up from $75.5 million in the same quarter last year. Th ...