Coinbase has experienced incredible growth since 2018 when they raised money at an $8b valuation; now trading at a $9b valuation, their revenues are expected to hit $3.3b by 2022 while user numbers reach 101m people worldwide!
Dec. 24, 2022 3:24AM
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A picture of someone holding up their phone with a chart showing Coinbases impressive growth stats over time (2018-2022).
Coinbase, the world’s leading cryptocurrency exchange platform, has seen unprecedented growth in 2018 and beyond. After raising money at an $8 billion valuation in 2018, Coinbase is now trading at a $9 billion valuation - a sign of the company’s success and potential for future growth. Revenues have grown from $520 million in 2018 to an estimated $3.3 billion by 2022 - a more than five-fold increase in just four years. Similarly, user numbers have skyrocketed from 22 million users in 2018 to 101 million users projected by 2022 - also more than five times as many people using the platform. The assets on Coinbase’s platform have seen even greater growth over this period of time. In 2018, there were 11 billion assets on the platform; by 2022 that number is expected to reach 101 billion assets - nearly ten times as much! This rapid expansion of both users and assets is indicative of the trust that investors are placing in Coinbase and its ability to facilitate secure transactions between buyers and sellers. The impressive growth figures show no signs of slowing down anytime soon either; with increased adoption rates across multiple countries around the world, it appears that Coinbase will continue to be one of the most successful cryptocurrency exchanges for years to come. The company’s focus on security and customer service will ensure that it remains competitive within this ever-evolving industry while continuing to offer customers a safe and reliable way to purchase digital currencies online. Coinbase has become one of the most successful cryptocurrency exchanges due largely in part to its commitment to providing customers with secure transactions backed by excellent customer service. With revenues expected to reach $3.3 billion by 2022 along with user numbers reaching over 100 million people worldwide, it looks like Coinbase is here for good!