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Bitcoin exchange Coinbase reportedly made more than $1 billion in revenues last year





puppies in the Coinbase office

  • One of the largest platforms for buying cryptocurrencies is making money hand-over-fist.
  • Tech publication Recode reported Monday that Coinbase saw revenues top $1 billion last year.

Coinbase, one the largest platforms for buying and selling cryptocurrencies, is reportedly making money hand-over-fist.

Recode, the technology publication, reported Monday the San Francisco-based company saw revenues top $1 billion last year, driven by explosive volumes in the market for digital currencies.

The company’s valuation has likely at least doubled since its last valuation of $1.6 billion in August,” the Recode report said. “Coinbase was only expected to do about $600 million in yearly revenue as read more >>>

Source:: BusinessInsider.Com

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