Coinbase's revenue declines on fading crypto trading momentum

11th May, 2026

Narayani Srinivasan

Coinbase has reported a 31% year-on-year decline in revenue in the first quarter of 2026, fuelled by crypto-driven market volatility, just days after announcing deep job cuts and an artificial-intelligence push.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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