Coinbase made $771 million in profit in the first quarter, benefiting from crypto mania.
- Date: 14-May-2021
- Source: The New York Times
- Sector:Financial Markets
- Country:Middle East
Coinbase made $771 million in profit in the first quarter, benefiting from crypto mania.
The company said rivals were swarming the market and increasing competition and that it was spending heavily on marketing and development to keep ahead of its competitors.