This rise was largely fueled by increased volatility in the digital asset market, which boosted trading activity across the platform.
Trading revenue reached $1.05 billion, up from $573 million a year earlier, highlighting the continued impact of market fluctuations on foreign exchange profits.
Trading Volumes and Bitcoin Accumulation
In the third quarter, Coinbase benefited from increased market activity as traders sought opportunities amid rapid price swings for Bitcoin and other major cryptocurrencies. The exchange also increased its Bitcoin holdings by $299 million through weekly purchases, bringing its total to 14,548 BTC. This strategy reflects a growing trend among major crypto companies to hold large reserves of digital assets, both as a hedge and as a signal of confidence in Bitcoin’s long-term potential.
Our financial results for the third quarter of 2025 are now online. pic.twitter.com/FyukJgfDsj
– Coinbase 🛡️ (@coinbase) October 30, 2025
A concrete example of this trend can be seen in the broader market, where large institutions like MicroStrategy and Galaxy Digital continue to increase their Bitcoin allocations. These moves have focused investor attention on crypto companies’ balance sheets and highlight the influence of market sentiment on trading revenue.
We built. Stay tuned. pic.twitter.com/9JC8zCftlW
– Coinbase 🛡️ (@coinbase) October 30, 2025
CEO Brian Armstrong emphasized that Coinbase is evolving beyond a traditional exchange, with the goal of becoming a “multi-purpose application” for finance. The company integrates prediction markets, tokenized stocks and other innovative products to attract retail and institutional users. Armstrong also reaffirmed Coinbase’s commitment to strategic acquisitions, allowing the company to pursue new market opportunities and diversify its revenue streams.
Learn more about Coinbase
Coinbase introduced Coinbase Pay, a new tool that allows users to transfer money instantly and globally. The platform allows people to share bills, send gifts and pay for services. Additionally, transfer funds across the world using just a phone number, email address, wallet address, ENS or paid link.
The Internet is evolving rapidly, and now so is money.
Split a bill, give a friend a gift, pay for services, or send money anywhere in the world just because you can.
Instant payments to anyone with just a phone number, email, wallet address, ENS or payment link.
No limits. No fees. No borders. pic.twitter.com/xEefAojiJi
– Coinbase 🛡️ (@coinbase) October 29, 2025
Users can send USDC off-chain for free, and on-chain transfers through Base are free for up to 20 sends per month, after which network fees apply. This service reflects Coinbase’s vision to make digital payments as fast and accessible as the Internet itself.
Disclaimer
The information provided by Altcoin Buzz does not constitute financial advice. It is intended for educational, entertainment and informational purposes only. Any opinions or strategies shared are those of the editors/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur as a result of investments related to the information provided. Bitcoin and other cryptocurrencies are high-risk assets; therefore, perform thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
The article Coinbase Q3-2025: $433M Profits Driven by Volatility appeared first on Altcoin Buzz.
