Posted 11/5/2023, 5:55:28 PM
Coinbase Revenue Beats Expectations as CEO Armstrong Sees Crypto Transforming Lives Like the Internet
- Coinbase Q3 revenue beats expectations at $674 million, up 14% from last year
- CEO Brian Armstrong believes crypto and blockchain are transforming lives like the internet did
- Armstrong sees "on-chain" as the new online, with ownership enabled by crypto
- Regulatory clarity in the US remains a big hurdle for the crypto industry
- Coinbase stock is up over 12% this month, trading around $85