Preview Mode Links will not work in preview mode

Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally.

  1. All Episodes
  2. Unconfirmed: What $1.8 Billion in Q1 Revenue Means for Coinbase’s Direct Listing - Ep.227

Unconfirmed: What $1.8 Billion in Q1 Revenue Means for Coinbase’s Direct Listing - Ep.227

Apr 9, 2021

Larry Cermak, director of research at The Block, discusses the upcoming Coinbase direct listing in light of the exchange’s recently released Q1 revenue hitting an impressive $1.8 billion. In this episode, Larry talks about:

  • significant takeaways from Coinbase’s Q1 results (1:04)
  • how Coinbase was able to increase its non-transaction revenue in Q1 and why he thinks the exchange gets away with charging higher fees than its competitors (4:14)
  • why retail consumers are investing in crypto at such a high clip (8:36)
  • how Coinbase compares to its competition -- and why competition will drive transaction fees down (11:23)
  • whether it matters that Coinbase has so little Bitcoin on its balance sheet (14:52)
  • what he still wants to know about Coinbase after its S-1 filing and Q1 results 15:36)
  • products and services that Coinbase should acquire to round out its crypto offering (17:10)
  • his expectations for Coinbase’s stock performance (17:50)
  • why investors may not be interested in NFTs (19:37)
  • how the crypto markets will perform in 2021 and how that might affect the COIN price (20:43)
  • Crypto New Recap (22:40) 

 

Thank you to our sponsors!

Download the Crypto.com app and get $25 with the code “Laura”: 

https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021

 

Check out InterPop, a superteam redefining the future of NFTs and fandom!

https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop

 

Episode links:

 

Larry Cermak

https://twitter.com/lawmaster

 

Coinbase Q1 Results

 

Direct Listing Information

 

Related Podcasts

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/happy-birthday-satoshi1/