CONVERTED ORGANICS (COIN) - Coinbase Has First Mover Advantage In A Crypto Ecosystem Set For 'Substantial Innovation:' JMP
Share: Coinbase Global Inc. (NASDAQ: COIN) reported its first-quarter earnings. The company received some updated commentary from JMP Securities and analyst Devin Ryan on Wednesday. Coinbase Earnings: The company has been scaling at an impressive pace, Ryan said. Coinbase reported year-over-year revenue growth of more than 800% in the first quarter. Coinbase reported 56 million verified users globally as of the end of the first quarter. In the first quarter, the company had 6.1 million monthly transacting users, compared to 2.8 million at the end of 2020. Coinbase has more than 11% market s...