Coinbase CEO on the future of transaction fees on the platform

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  • CNBC Television published this video item, entitled “Coinbase CEO on the future of transaction fees on the platform” – below is their description.

    Coinbase is set to go public Wednesday on the Nasdaq through a direct listing. Transaction fees have made up 96% of the company’s revenue last year. Coinbase co-founder and CEO Brian Armstrong spoke with CNBC’s Andrew Ross Sorkin about whether he anticipates transaction fees coming down.

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    In This Story: Coinbase (Nasdaq: COIN)

    Coinbase, Inc. (Nasdaq: COIN) is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and as of March 2021, was the largest cryptocurrency exchange in the United States by trading volume. Coinbase IPO’d on the Nasdaq exchange on 14 April 2021, via a Direct Listing, they carry the stock ticker COIN.

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