×

Coinbase reports rise on quarterly profit subscription strength

By Thomson Reuters Jul 31, 2025 | 3:12 PM

(Reuters) -Coinbase Global reported a jump in second quarter profit on Thursday, as the cryptocurrency exchange earned more from its subscription and services model.

Net profit attributable to common stockholders rose to $1.43 billion, or $5.14 per share, in the three months ended June 30, compared with $36.13 million, or 14 cents apiece, a year earlier.

(Reporting by Pritam Biswas in Bengaluru; Editing by Tasim Zahid)