Coinbase Q1 revenues up 40% YoY to $2 billion, while net income down

Coinbase reported $2 billion in total revenue for the first quarter, compared to $1. 6 billion in the first quarter of 2024. Meanwhile, the exchange posted $66 million in net income, compared to $1. 2 billion, including unrealized gains of $737 million, during the same period last year source: https://cryptoslate.com/coinbase-q1-revenues-up-40-yoy-to-2-billion-while-net-income-down/