The exchange has seen fundamental benefits from โincreasing price on the simple trading platform, while maintaining market share, a renewed commitment to greater expense control and profitability in all market environments and tailwinds from higher interest rates as a result of COINโs 50% revenue share of the interest income earned on USDC reserve balances,โ the report added.
Crypto Exchange COIN Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
