COIN · Coinbase Global, Inc.
stockEach revenue stream represents a distinct business segment. The color coding carries through all subsequent tabs so you can track how each segment contributes to TAM, revenue, profit, valuation, and ultimately the implied share price.
Retail Trading Fees
Transaction fees from retail users buying, selling, and trading cryptocurrencies on the Coinbase platform.
Growth Drivers: Crypto market volatility, retail adoption, and expansion into new geographical markets.
Current Revenue: $1.8B
Institutional Trading Fees
Fees from institutional clients, including Coinbase Prime execution, OTC trading, and API volume.
Growth Drivers: Bitcoin ETFs, institutional adoption, clear regulatory frameworks, and advanced prime brokerage features.
Current Revenue: $250.0M
Subscriptions and Services
Stablecoin revenue (USDC), custodial fee revenue, staking rewards, and subscription products like Coinbase One.
Growth Drivers: Interest rates affecting stablecoin yields, Ethereum staking ratios, and adoption of premium subscription tiers.
Current Revenue: $2.0B
Base L2 and Onchain Economy
Sequencer fees from the Base Layer 2 network, smart wallet integrations, and decentralized application (dApp) tooling.
Growth Drivers: Growth of Ethereum Layer 2 ecosystem, total value locked (TVL) on Base, and mainstream transition to onchain activities.
Current Revenue: $450.0M
AI-Generated Forecast by Google GeminiLogos by Logo.dev
AI-Generated Forecast — Not Investment Advice
This forecast is generated by AI and is for informational purposes only. Predictions are not guaranteed and may be inaccurate. Past performance does not guarantee future results. Always consult a licensed financial advisor before making investment decisions.
AssetLens is not licensed by FINMA, SEC, FINRA, or any EU financial authority.