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Zenger
Zenger
Chris Katje

Coinbase Beats Revenue Expectations, Expects To Win SEC Legal Battle

Coinbase SEC Crypto
Photo Illustrating Coinbase. Guidance from the company calls for subscription and services revenue to hit $300 million or more. The company said it had $110 million in transaction revenue for the month of July. COSTFOTO/NURPHOTO VIA GETTY IMAGES.

Cryptocurrency trading platform company Coinbase Global Inc (NASDAQ: COIN) reported second-quarter financial results after the market close Thursday. 

Coinbase Global (COIN.O) beat second-quarter revenue expectations on Thursday on higher interest income while its executives said the crypto exchange expects to win its legal battle with the U.S. securities regulator.

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