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A comment on Coinbase booked $1B in revenue last year, has told hovering VCs to back off. Parent comment
Coinbase is a counter-party in all trades e.g., people buy FROM Coinbase or sell TO Coinbase. So $1B revenue number would include all deposits.
GDAX accounting would only count commissions as revenue.
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Coinbase is a counter-party in all trades e.g., people buy FROM Coinbase or sell TO Coinbase. So $1B revenue number would include all deposits.
GDAX accounting would only count commissions as revenue.