Summary
TLDR: The exchange has seen positive results from increasing prices, focusing on expense control and profitability, and benefiting from higher interest rates due to COIN’s revenue share.
Key Points
1. Increasing price on the simple trading platform while maintaining market share
2. Renewed commitment to greater expense control and profitability in all market environments
3. Tailwinds from higher interest rates as a result of COIN’s revenue share of interest income earned on USDC reserve balances