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Crypto ‘eating TradFi’s lunch’ as $5.75B Coinbase revenue beats Nasdaq

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<div>Crypto 'eating TradFi's lunch' as .75B Coinbase revenue beats Nasdaq</div>
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Source: Coin Telegraph

Coinbase and DeFi pose serious competition for traditional exchanges as Bitcoin ETFs beat gold by assets under management.

Bitcoin and cryptocurrency exchange Coinbase are beating Nasdaq in terms of revenue in 2024, the latest data shows.

Figures uploaded to X on Dec. 17 by Jamie Coutts, chief crypto analyst at investment firm Real Vision, show 12-month exchange revenue nearing $6 billion.

Crypto markets’ Q4 transformation has led to the sector vying with Wall Street for supremacy when it comes to 2024 performance.

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Author: William Suberg

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