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Coinbase Scoops 2,772 BTC in Q3, Profits Surpass Wall Street Estimates

Crypto exchange behemoth Coinbase has reported a net income of 432.6millionforQ32025,overafivefoldincreasefrom432.6 million for Q3 2025, over a fivefold increase from 75.5 million in the same period last year. Coinbase’s transaction revenue rose to 1billionforthethreemonthsendedSeptember30,upfrom1 billion for the three months ended September 30, up from 572.5 million in 2024. Per Reuters, the surge follows “heightened volatility” in the crypto market, which boosted trading volumes. “Our institutional trading revenues grew over 120% in the quarter,” said Chief Financial Officer Alesia Haas. Acc ...