💰 Coinbase to bring in $1.3 billion in revenue despite crypto’s massive slump

Despite a slump in market prices, crypto exchange Coinbase is projecting nearly $1.3 billion in revenue and more than $400 million in profit for 2018. Earlier this month, the company raised money at a valuation of $8 billion. Coinbase is now focused on growing new areas of business like insitutional trading and custody.

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