The CEO of the top US crypto exchange by trading volume is revealing his firm’s short to medium-term plan amid a stock rally.
On the Bankless podcast, Coinbase CEO Brian Armstrong says Coinbase is aiming for a more sustainable and predictable revenue model for weathering crypto cycles.
“Trading fees are going to be big for a long, long time. But the problem is that they’re more volatile. What we’ve been doing over the last five years or so is helping shift more of our revenue into what we call ‘subscriptions and services,’ which is a little more predictable. That’s things like: USD Coin and custody fees and staking and even things like Coinbase Card.
What’s really cool is that in our last earnings that we
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