Coinbase的收入和投資收益：加密過山車的瘋狂騎行

Coinbase通過戰略投資，未實現的收益和占主導地位的金融應用程序景觀的願景來導航加密波動。獲取他們的第二季度性能和未來計劃的勺子。

Coinbase's Earnings and Investment Gains: A Wild Ride on the Crypto Coaster

Coinbase的收入和投資收益：加密過山車的瘋狂騎行

Coinbase's journey through the volatile crypto landscape continues, marked by strategic investments and ambitious goals. Let's dive into their latest earnings and see what's shaking in the world of Coinbase.

Coinbase在揮發性加密景觀中的旅程仍在繼續，以戰略投資和雄心勃勃的目標為特徵。讓我們深入研究他們的最新收入，看看Coinbase世界中的顫抖。

Coinbase's Q2 2025: A Mixed Bag

Coinbase的Q2 2025：混合袋

Coinbase Global Inc. reported a strong net income of $1.4 billion for Q2 2025, primarily fueled by $1.5 billion in pre-tax gains from strategic crypto investments and unrealized gains. While total revenue hit $1.5 billion, it fell slightly short of Wall Street's $1.687 billion expectation. Despite this, Coinbase exceeded expectations in key metrics such as Adjusted Net Income ($33 million) and Adjusted EBITDA ($512 million).

Coinbase Global Inc.報告說，第二季度的2025年第2季度淨收入為14億美元，主要是由戰略加密投資和未實現的收益獲得了15億美元的稅前收益。儘管總收入達到15億美元，但略低於華爾街的16.87億美元期望。儘管如此，Coinbase還是超出了關鍵指標的預期，例如調整後的淨收入（3300萬美元）和調整後的EBITDA（5.12億美元）。

Key Takeaways and Trends

關鍵要點和趨勢

• Investment Gains to the Rescue: Coinbase's net income was significantly boosted by strategic crypto investments and unrealized gains.
• Subscription and Services Surge: Revenue from subscriptions and services reached $656 million, driven by rising USDC balances and increased staking activity.
• Expanding On-Chain Strategy: The introduction of CFTC-approved perpetual futures contracts and the integration of USDC into mainstream commerce highlight Coinbase's innovative approach.
• Custody Dominance: Coinbase manages $245.7 billion in crypto under custody, holding over 80% of all BTC and ETH ETF assets based in the U.S.

The Armstrong Vision: Global Financial App Domination

阿姆斯特朗願景：全球財務應用程序統治

Coinbase CEO Brian Armstrong remains bullish, emphasizing the company's solid financial results and outlining a long-term vision to become the top financial app globally over the next decade. Their strategy includes launching an "everything exchange" featuring tokenized assets, derivatives, and prediction markets.

Coinbase首席執行官布萊恩·阿姆斯特朗（Brian Armstrong）仍然看漲，強調了該公司的可靠財務業績，並概述了在未來十年中成為全球頂級金融應用程序的長期願景。他們的策略包括推出具有令牌化資產，衍生品和預測市場的“一切交易所”。

Rollblock (RBLK): A New Challenger?

Rollblock（RBLK）：一個新的挑戰者？

While Coinbase navigates the crypto world, other players like Rollblock (RBLK) are making waves. RBLK, a GameFi protocol, is bridging DeFi with real iGaming revenue, offering users access to over 7000 games and a dynamic buyback-and-burn mechanism. It's an interesting contrast to Coinbase's broader financial ecosystem.

當Coinbase導航加密世界時，其他球員（例如Rollblock（RBLK））正在浪潮。 RBLK是一種GameFI協議，正在以真正的iGaming收入為橋接Defi，為用戶提供了7000多種遊戲和動態的回購和燃燒機制。這與Coinbase更廣泛的金融生態系統是一個有趣的對比。

Final Thoughts: The Crypto Rollercoaster Continues

最終想法：加密過山車繼續

Despite a slight dip in share price following the earnings release, Coinbase remains a key player in the crypto space. With strategic investments, innovative integrations, and a bold vision, they're riding the crypto rollercoaster with style. It's a fascinating journey, and who knows what twists and turns await? One thing's for sure: it's never a dull moment in the world of crypto!

儘管收益發布後，股價略有下跌，但Coinbase仍然是加密貨幣領域的關鍵參與者。憑藉戰略投資，創新的整合和大膽的願景，他們以風格騎著加密過山車。這是一次有趣的旅程，誰知道什麼曲折等待著？可以肯定的是：這絕不是加密世界中的沉悶時刻！