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Coinbase Reports Solid Quarterly Revenue Despite Market Pressure
Coinbase posted $2 billion in Q1 revenue despite market volatility, with stable trading activity offsetting lower profitability driven by higher operating and compliance expenses.
Quarterly results showed Coinbase generating $2 billion in Q1 revenue, marking a 40% year on-year increase even as overall crypto market sentiment remained volatile. Trading volumes held steady across institutional and retail segments, although net income dipped due to elevated compliance and infrastructure costs. The company emphasized strengthening liquidity and supporting institutional DeFi participation.