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Coinbase Missed on Revenue and Earnings and That’s Not Even the Worst of the News

In Technology News by Jared KleeLeave a Comment

Futurum Analyst in Residence Jared Klee analyzes Coinbase’s miss on revenue and earnings in the first quarter and dives into a new risk exposure buried in the earnings report that reveals the company’s custody offering may be little more than general unsecured borrowing, a status that meets neither the definition nor the spirit of custody.