Coinbase CEO expects revenue to plunge over 50% - Bloomberg News

📆 12/7/2022 9:36 PM
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Cryptocurrency exchange Coinbase Global Inc revenue is set to reduce to half this year, Bloomberg News reported, citing an interview with chief executive officer Brian Armstrong.Coinbase did not immediately respond to a Reuters request for comment.

FILE PHOTO: A representation of cryptocurrency is seen in front of Coinbase logo in this illustration taken March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Brian Armstrong, CEO and Co-Founder of Coinbase, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/David Swanson/File Photo

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