The Paradoxes of Coinbase
The cryptocurrency company is a $100 billion enigma.
Coinbase in 1 minute
Coinbase is the rarest of beasts: a hyper-growth company that happens to be profitable. The company brought in $1.2 billion in 2020 with a profit of $332 million. Better yet, the cryptocurrency exchange has kicked off 2021 at a startling pace, handling a higher volume of transactions in Q1 than the entirety of last year.
Those metric…