The U.S.’s most prominent crypto exchange reported a surge in revenue and trading volume to close out its second-best year on record. Bitcoin ETF–fueled resurgence in crypto interest. Coinbase also joined in with a suite of crypto companies to influence elections up and down the federal ballot.
In November, as its revenues continued to outpace 2023 lows, Coinbase saw its stock surge in value on the back of the election of Donald Trump and a slate of other pro-crypto politicians.
In early December, Coinbase’s shares jumped to an all-time high of $343 before dipping below $300 in January.
