Coinbase revenue surges more than 130% driven by postelection crypto rally
1. Coinbase reported earnings per share of $4.68, vastly exceeding expectations. 2. Quarterly revenue reached $2.3 billion, driven by high trading volume. 3. Transaction revenue was $1.56 billion, alongside a strong annual growth. 4. Crypto asset volatility from macro factors spurred significant trading activity. 5. Market expects positive regulatory clarity from a pro-crypto government.