The Coinbase exchange became the first cryptocurrency company to enter the Fortune 500 list and ranked 437th.
The revenue threshold for the Fortune 500 list in 2022 was $6.4 billion. The rating agency estimated the company for 2021. According to Fortune, Coinbase’s 2021 revenue was $7.8 billion.
However, already in 2022, the company reported net revenue of $1.16 billion and a loss of $430 million for the first quarter.
Holpop News
Holpop News
Coinbase became the first cryptocurrency company to make the Fortune 500 list
posted on May 24, 2022 by holpop in Blockchain
