Coinbase announced the third quarter of 2025 results, transaction volume and revenue increased quarter-on-quarter and year-on-year. Transaction revenue in the third quarter reached $1 billion, an increase of 37% from the previous quarter and almost double the same period last year.
The active level of Ethereum trading has increased significantly, accounting for 22% of total trading volume (15% in the previous quarter), and the share of trading revenue has also increased from 12% to 17%. Although Bitcoin trading still dominates, its share has declined. Coinbase CEO Brian Armstrong said that the company increased its holdings of 2,772 bitcoins in the third quarter, and the total position continued to increase.
In addition, the number of Coinbase employees increased by 12% month-on-month, and the share price rose 2.5% after the earnings report.
Coinbase's revenue rose 37% in the third quarter, and the share of Ethereum transactions rose
2025-10-30 21:54:39
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