Coinbase's Meteoric Growth Could Lead to $90B Revenue and $1 Trillion Valuation by 2035 If Crypto Momentum Continues
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Coinbase is a leading crypto exchange founded in 2012 that has seen tremendous growth in users (from 23 million to 120 million) and revenue ($533 million in 2019 to $3.1 billion in 2023)
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It has profit margins over 80%, even better than trillion-dollar companies like Meta, thanks to its efficient digital business model
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If Coinbase maintains a 168% compound annual growth rate, its revenue could reach $90 billion by 2035, similar to Meta's when it reached $1 trillion
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Coinbase is at the forefront of the disruptive crypto industry, which has exploded from millions to $1.5 trillion in 15 years
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While not guaranteed, if crypto continues its momentum and Coinbase rides that wave, reaching a $1 trillion valuation by 2035 is very possible