Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Hometown on August 28, 2022, 10:14:20 PM
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American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression.
The firm’s founder and CEO Brian Armstrong delved into the long-term prospects of the American cryptocurrency exchange in a wide-ranging interview with CNBC’s Crypto World on Tuesday. A key talking point was the potential of lower revenues from fees in the future and how the company plans to preempt this possibility.
Armstrong highlighted his belief that profit margin compression was bound to occur in the future as more exchanges and competitors launch similar products and services that could compete for market share:Read More (https://cointelegraph.com/news/coinbase-eyes-long-term-growth-of-subscription-revenue-nfts-still-a-focus)