Posted 1/27/2024, 7:17:00 PM
Coinbase Seeks Steady Revenue Streams Beyond Crypto Trading Fees While Betting Big on Crypto's Future
- Coinbase is a dominant cryptocurrency trading platform that has worked within regulations and built trust.
- Coinbase is focusing on recurring subscription revenue to be less dependent on volatile trading fees.
- Custody solutions and potential for more cryptocurrency ETFs offers financial upside.
- Coinbase stock can be seen as high-risk, high-reward, depending on one's crypto market outlook.
- Coinbase's fortunes are tied to the growth and mainstream adoption of cryptocurrencies overall.