Coinbase reports Q2 revenue down 12% YoY to $707.9M vs. $631.2M est., $97M net loss vs. $1.1B in Q2 2022, and $327.1M transaction revenue vs. $655.2M in Q2 2022 (Bloomberg)




Bloomberg:

Coinbase reports Q2 revenue down 12% YoY to $707.9M vs. $631.2M est., $97M net loss vs. $1.1B in Q2 2022, and $327.1M transaction revenue vs. $655.2M in Q2 2022  —  – Trading revenue was less than that from other sources  — Interest income down after USDC stablecoin circulation fell





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