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

(Reuters) – 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.

Illustration shows a representation of cryptocurrency and Coinbase logo

(Reuters) – 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.

(Reporting by Mehnaz Yasmin in Bengaluru; Editing by Krishna Chandra Eluri)

By Reuters

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