Coinbase's Crypto Empire Could Rival Banks as Users and Revenue Skyrocket
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Coinbase's user base has grown from 23 million in 2018 to over 110 million today. Projected user base could reach 1.5 billion by 2034.
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Revenue grew from $533 million in 2019 to $3.1 billion in 2023. Projected revenue could reach $100 billion by 2034 if growth continues.
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High profit margins (85%) mean Coinbase could be as profitable as Google or JPMorgan Chase in the future.
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Coinbase is establishing itself as a "tech bank" for retail and institutional crypto investors, offering various financial services.
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If crypto adoption progresses, Coinbase is poised to become one of the most influential financial companies in the next decade.