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This Is the Coinbase Growth That Really Matters

Coinbase's exchange business is slowing, but this segment continues to grow.

By Travis Hoium – Aug 8, 2024 at 5:30AM EST

Coinbase (COIN +0.91%) is getting mixed results from the exchange business, but its subscription and services segment continues to grow. In this video, Travis Hoium covers why this is such an important part of the company's business.

*Stock prices used were end-of-day prices of Aug. 3, 2024. The video was published on Aug. 5, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Coinbase Global. The Motley Fool has positions in and recommends Amazon and Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Coinbase Global Stock Quote
Coinbase Global
NASDAQ: COIN
$199.73
(+0.91%)+$1.80
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$263.93
(+3.47%)+$8.85
Bitcoin Stock Quote
Bitcoin
CRYPTO: BTC
$78,491.00
(+1.10%)+$854.20

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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