Coinbase is a Bitcoin exchange. They offer a few shitcoins too, with room to expand to more shitcoins. They make most of their money off trading fees. Recently they started offering custody services which i think will be more popular with instituational investors since it defers the "i got hacked" risk. They are rapidly growing in trading volume and are currently the largest exchange, in both bitcoin's held (approx 900,000 BTC) and in USD/BTC trading volume currently $80 million dollars daily.
The IPO is upcoming and expected to valued at $8 billion . So what are your thoughts? Is this like investing in TD Ameritade in the early days of the stock market?
2017 Revenues = $1 billion
2019 Revenues = $2 billion
Number of Employees 1,123
Submitted August 22, 2020 at 08:43PM by atrueretard https://ift.tt/2QuBCaF
