In its third quarter, Coinbase Global, Inc. (COIN) exceeded revenue forecasts despite witnessing a decrease in trading volumes for a consecutive quarter. The prominent cryptocurrency exchange reported third-quarter trading volumes amounting to $11 billion, a shrinkage compared to the $26 billion observed in the corresponding period last year.
The crypto sector has confronted a tepid response from investors throughout this year, following a series of notable collapses inducing over a trillion dollars in outflows.
