By Jaiveer Shekhawat and Niket Nishant (Reuters) -Crypto exchange Coinbase beat estimates for fourth-quarter profit on Thursday, driven by higher trading volumes in bitcoin and other digital tokens following the U.

Coinbase just dropped numbers that Wall Street didn’t see coming. The biggest crypto exchange in the U.S. reported fourth-quarter revenue of $2.27 billion, a

While Coinbase reported a 141% increase in total revenue year-over-year, $2.3 billion fell just shy of a record-breaking performance for the exchange. During the height of the pandemic-era bull market in the fourth quarter of 2021, Coinbase boasted $2.5 billion in sales.