Bitcoin broker Coinbase booked $1 billion in revenue last year  - Recode

Coinbase crossed $1 billion in revenue last year, Recode has learned from industry sources, a tremendous rise fueled by layman interest in both bitcoin and competing virtual currencies that users can buy and sell through the app.

Bitcoin's killer use case for 2017 wasn't as a payment mechanism, but rather speculative investment. The amount of growth that Coinbase experienced in 2017 was pretty astounding, will be interesting to see what else they do with more cash available. 


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