Coinbase noted the 'challenging year for crypto markets' in its Q4 2022 results, which saw it beat analyst earnings estimates for the quarter despite a transaction volume decline.
Transaction volumes decreased 12% compared to the prior quarter, however, Coinbase pointed to a 34% increase in subscription and service revenues as the reason for its 5% total revenue growth for the quarter.
Our letter to shareholders can be found on the Investor Relations website atFrance Dernières Nouvelles, France Actualités
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