Sponsor: Frax — Fraxtal Ecosystem: Where DeFi Meets AI.
Publicly traded exchanges Coinbase (COIN) and Robinhood (HOOD) popped this week after delivering impressive earnings beats. Both companies more than doubled analyst earnings expectations, with COIN reporting $4.66 in earnings per share and HOOD posting $1.01
Although Coinbase saw $439B of crypto trading activity and impressively doubled platform volumes from Q3 to Q4, Robinhood stole the show with its $71B in Q4 crypto trading volumes, representing an enormous 5x quarter-over-quarter increase.
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