Tag: Fred Ehrsam

Shares of U.S. crypto exchange Coinbase experienced a significant surge, outperforming Wall Street's forecasts with a notable increase in transaction revenue, which doubled in the last quarter as the crypto market experienced an upturn. The crypto exchange surpassed analysts' predictions for Q4/2023, with earnings of $1.04 per share, a stark contrast to the anticipated $0.02 per share. Coinbase's share price jumped by 14% to $189.36 in the after-hours trading session on Thursday.