TechFlow news — Coinbase released its Q2 2021 earnings report today. The company achieved revenue of $2.227 billion in the second quarter, with net revenue reaching $2.033 billion, compared to $186 million in the same period last year and above market expectations of $1.78 billion. Transaction-based revenue amounted to $1.93 billion, while subscription services brought in $102 million. The company posted a net profit of $1.6 billion, up from $771 million in Q1 and $32.26 million in the same period last year, representing a year-on-year increase of nearly 49 times.
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