Coinbase reported a profit surge for the third quarter of 2025, beating Wall Street estimates as swings in cryptocurrency prices boosted trading activity.<\/p>\n
The exchange earned a net income of $433 million, up from last year\u2019s $75.5 million.<\/p>\n
Coinbase shared<\/a> on Thursday that its total net revenue for the quarter ended September 30 climbed to $1.8 billion, driven by higher trading volumes and growth in institutional services. Trading volume reached $295 billion, while assets on the platform totaled $516 billion, including $300 billion in assets under custody.<\/p>\n On the other hand, transaction revenue jumped to $1.05 billion, compared to $572.5 million a year ago, as more traders took advantage of market volatility. Subscription and services revenue also rose by 34.3% year over year to $747 million. Adjusted net income stood at $421 million, and adjusted EBITDA reached $801 million.<\/p>\n The company posted earnings of $1.50 per share, compared to $0.28 in the same period last year. Market analysts from LSEG had projected a profit of $1.06 per share. After the results were released, Coinbase\u2019s stock gained more than 3% in after-hours trading.<\/p>\n Digital assets rallied in July as crypto-friendly policies by U.S. President Donald Trump attracted institutional investor interest, sending Bitcoin to new highs. However, weak economic data in August caused fears of a potential recession, triggering a selloff as investors pulled back from riskier assets. Crypto exchanges often benefit from such volatility, as more trading means higher revenue from transaction fees.<\/p>\n Coinbase completed<\/a> its acquisition of Deribit in Q3, with the two recording over $840 billion in notional derivatives trading volume. The company also introduced the first 24\u00d77 perpetual-style crypto contracts in the U.S..<\/p>\n The firm achieved 90% coverage of the total crypto market capitalization and added support for trading more than 40,000 assets through its DEX integration while also reporting all-time highs in institutional loan balances and stablecoin usage. Stablecoin revenue reached $355 million, up 7% quarter over quarter, while the USDC market cap climbed to an all-time high of $74 billion. Additionally, the average USDC held in its products rose by 9% to $15 billion.<\/p>\n Coinbase is also expanding its crypto utility, with over $100 million in One Card spending since launch. The platform credited part of this growth to the GENIUS Act, passed<\/a> earlier this year, which established a regulatory framework for stablecoins.<\/p>\n In a letter to shareholders, the firm said it is focused on \u201cbuilding the everything exchange,\u201d a single platform for all tradable assets. \u201cCoinbase is cash-rich and growth-ready,\u201d said David Bartosiak, Stock Strategist at Zacks Investment Research. \u201cThe company isn\u2019t just trading coins anymore. It\u2019s building the backbone of the new financial internet.\u201d<\/p>\n The post Coinbase Q3 Net Income Soars 475% as Crypto Volatility Fuels Trading Boom<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Coinbase reported a profit surge for the third quarter of 2025, beating Wall Street estimates as swings in cryptocurrency prices boosted trading activity. The exchange earned a net income of $433 million, up from last year\u2019s $75.5 million. Q3 Financial Results Coinbase shared on Thursday that its total net revenue for the quarter ended September […]<\/p>\n","protected":false},"author":0,"featured_media":109772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-109771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/109771"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=109771"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/109771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/109772"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=109771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=109771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=109771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Expanding Market Reach and Stablecoin Growth<\/h2>\n