▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Coinbase Global missed first quarter estimates on its top and bottom lines amid headlines that it will be acquiring crypto derivatives exchange Deribit in a deal valued at $2.9 billion.
Benchmark Company managing director and senior research analyst Mark Palmer weighs in on whether Coinbase’s lackluster performance is actually “inconsequential” in comparison to the Deribit deal.
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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