【Coinbase's revenue reached $5.75 billion in the past 12 months, surpassing Nasdaq】Golden Finance reports that in the past 12 months, Coinbase's revenue reached $5.75 billion, exceeding that of Nasdaq and the Chicago Board Options Exchange (CBOE). Jamie Coutts, the chief cryptocurrency analyst at investment firm Real Vision, stated on December 17 that cryptocurrencies are eating into the market share of traditional finance (TradFi). Additionally, Coinbase generated 11% of global exchange revenue, which is more than double the total of decentralized exchange (DEX) sector, although the latter is still rapidly expanding.