Revenue Doubled With Crypto ‘Going Mainstream’
With regulatory clarity on the horizon, cryptocurrency is “now going mainstream,” Coinbase Co-Founder and CEO Brian Armstrong said Thursday (Feb. 13).
Speaking during the company’s quarterly earnings call, Armstrong said Coinbase aims to be the platform that helps companies that are new to crypto begin to integrate it into their operations.
“We like to say that on-chain is the new online,” Armstrong said. “It’s a little bit like the early 2000s, when every company had to figure out how to adapt to the internet. Up to 10% of global GDP could be running on crypto rails by the end of this decade.”
Coinbase’s revenue more than doubled in 2024 to reach $6.6 billion, with gains in both its transaction revenue and…
