Cryptocurrencies

Coinbase Shares Are Flat After Earnings, Revenue Top Estimates

  • Coinbase said it provides services to Elon Musk’s companies
  • Firm says third quarter is challenging when compared to second

Coinbase initial public offering at the Nasdaq MarketSite in New York on April 14.

Photographer: Michael Nagle/Bloomberg
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Coinbase Global Inc. shares rose less than 1% in extended trading after the largest U.S. cryptocurrency exchange guided for lower monthly users and trading volume in the third quarter.