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Coinbase snaps losing streak with third-quarter profit on lower expenses

Oct 29 (Reuters) - ⁠Cryptocurrency exchange Coinbase Global reported ⁠a quarterly profit on ‌Thursday, snapping a three-quarter-long streak of losses, driven by lower operating expenses.

The Star MalaysiaReuters查看原文 ↗
Coinbase第三季度扭亏为盈,支出减少,结束亏损颓势。

The Coinbase logo on a smartphone screen in this illustration taken November 3, 2025. REUTERS/Dado Ruvic/Illustration

Oct 29 (Reuters) - ⁠Cryptocurrency exchange Coinbase Global reported ⁠a quarterly profit on ‌Thursday, snapping a three-quarter-long streak of losses, driven by lower operating expenses.

Total operating ​expenses in the third ⁠quarter fell ⁠about 17% to $1.15 billion, compared with $1.39 ⁠billion ‌for the same period in the prior ⁠year.

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