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In the context of this article (Coinbase going after Wall Street, looking to join Big Finance), I would guess that $1MM/day isn't significant enough revenue to
by kneath 9y ago
In the context of this article (Coinbase going after Wall Street, looking to join Big Finance), I would guess that $1MM/day isn't significant enough revenue to count. Especially if they have overhead. Lone traders can make as much with a computer and a few subscriptions.
For comparison, JPMorgan generates around $280MM/day of revenue and $74MM/day of profit.