Coinbase’s total revenue for Q4 2024 reached 2.3 billion USD, with transaction fees soaring by 270%, contributing 1.56 billion USD alone. This performance surpassed analyst expectations of 1.84 billion USD.

The exchange disclosed a profit of 1.3 billion USD for the quarter, eclipsing prior estimates, and earnings per share hit 4.68 USD, reflecting strong market conditions and growing investor confidence.

Coinbase’s subscription and services segment also saw growth, indicating diversification, and the company’s moves align with new regulatory opportunities, which are expected to bolster its revenue generation.