Coinbase reported impressive fourth-quarter earnings, achieving a revenue of $2.27 billion, significantly surpassing analyst estimates of $1.84 billion and representing a 138% increase year-over-year. This growth coincided with a major bull run in the crypto market, particularly around the time of Trump's election victory. The trading volume for the quarter reached $439 billion, marking an increase of 185% compared to the previous year, while transaction revenue soared to $1.56 billion, up 194% from the same period last year. CEO Brian Armstrong emphasized a shift in the regulatory landscape following the U.S. elections, aiming for enhanced revenue and utility in 2025. Despite modest after-hours trading results, Coinbase's stock already saw an 8.5% surge during regular trading, bolstered by strong results from Robinhood the day prior.

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