7 ms·

It's gotta be actual revenue. $1bn in market trading volume for Coinbase sounds tiny. That's only a few million per day.

• austenallred 9y ago
  Actual revenue https://www.recode.net/2018/1/22/16911692/cryptocurrency-bitcoin-trading-coinbase-revenue-secondary https://www.recode.net/2018/1/22/16911692/cryptocurrency-bit...
  • mbesto 9y ago
    > Recode has learned from industry sources First, it's unconfirmed. What exactly does "industry sources" mean? That someone who knows someone who works there said "oh ya we make a billion dollars dude". Second, it could also mean "gross revenue" in some form. I don't believe any of this stuff until someone reputable confirms some level of it. Doesn't it seem strange that they made "exactly $1b"? Not $750M, or $1.2B, or $500M, but $1B? I think the jury is still out.
    • icebraining 9y ago
      Doesn't it seem strange that they made "exactly $1b"? That would be strange, but the article doesn't say that, it says "over $1 billion".