Coinbase posts $134.5B Q3 trading volume as market share hits 10.7%
- —Q3 trading volume of $134.5B came in near the ~$134B analyst forecast
- —Market share rose to 10.7% from 10.3% in Q2 and doubled year over year
- —Prediction markets generated over $200M in annualized revenue in the quarter
- —Coinbase holds more than 80 regulatory licenses and leads in assets under custody
Why it matters: Gaining share while industry spot volumes cool shows regulated venues are consolidating the market against rivals.
Source: Crypto Briefing