Coinbase Global has been volatile during the past three months but the stock has given good returns to investors as Bitcoin and other cryptocurrencies have witnessed a strong rally. Coinbase offers cryptocurrency related services and higher valuation for cryptocurrencies usually results in more trade in these assets. This can offer long-term benefit to Coinbase and Robinhood. While Coinbase has witnessed nearly 29 percent returns over the last six months, a recent report has suggested the Robinhood is gaining market share in cryptocurrency trades. Coinbase stock was up marginally on Friday even as it touched intraday high at $310. Coinbase informed the exchanges that it will declare quarterly and full year 2024 results on February 13, 2025, after market close.

Quarterly Results

Coinbase Global, Inc. (NASDAQ: COIN) is set to announce its fourth-quarter and full-year 2024 financial results on February 13, 2025, after market close. The company will hold a live Q&A session for investors and shareholders the same day to discuss its financial performance and growth outlook. Coinbase's momentum is expected to continue into 2025, buoyed by increased adoption of stablecoin USDC and heightened trading activity across altcoins and meme coins. A recent study commissioned by Coinbase reveals that crypto is viewed as a transformative tool in countries with struggling financial systems, such as Argentina, Kenya, the Philippines, and Switzerland.

Coinbase Financial Results and Shareholder Interaction

Earnings Release Date and Format

Coinbase will publish its fourth-quarter and full-year 2024 financial results on its Investor Relations website on February 13, 2025, after market close.
The shareholder letter will detail key financial metrics, business highlights, and future growth strategies.
Investor Q&A Session

The company will host a live Q&A session on February 13, 2025, at 2:30 p.m. PT, allowing investors to interact directly with Coinbase management.
Shareholders can submit and upvote questions starting February 6, 2025, at 9:00 a.m. PT, with the platform remaining open until 24 hours before the call.

Strong Growth Trajectory for Coinbase

Market Performance Drivers

Coinbase is expected to report another strong quarter for Q4 2024, continuing into 2025, driven by:
Increased adoption of stablecoin USDC.
Higher trading volumes across various digital assets, including altcoins and meme coins.
This momentum reflects Coinbase’s ability to leverage growing interest in cryptocurrency trading and decentralized finance (DeFi).

Global Survey Highlights Crypto's Potential

Study Findings Across Key Markets

Coinbase commissioned a study across Argentina, Kenya, the Philippines, and Switzerland, exploring public sentiment toward cryptocurrency as an alternative to failing financial systems.
The survey, conducted by Ipsos, revealed:
Over 70% of respondents believe crypto can address at least one of their financial frustrations, including:
Currency devaluation.
Lack of economic opportunities.
Centralization and discrimination in fiat systems.
Crypto's Role in Economic Freedom

Respondents expressed dissatisfaction with their countries’ financial systems, which they described as expensive, slow, and unstable.
Crypto and blockchain technology were widely seen as tools to enhance economic freedom and reform existing systems.

Key Issues in Struggling Financial Systems

Top Frustrations Across Markets

The survey identified shared concerns in the targeted nations, including:
Centralized control and lack of fairness in financial systems.
Currency instability, leading to reduced purchasing power.
Difficulties in making or saving money, exacerbated by limited opportunities.
Regional Variations in Financial Struggles

While issues such as inflation and lack of access to banking are common globally, the degree of these frustrations varied across the four surveyed nations.
Argentina, for instance, faces high inflation and currency devaluation, while Kenya grapples with limited access to financial services.

Crypto Adoption as a Solution

Crypto Owners’ Perspectives

Among crypto owners, blockchain technology is perceived as a way to improve financial fairness, reduce centralization, and create new economic opportunities.
The decentralized nature of cryptocurrencies allows individuals to bypass traditional financial intermediaries, addressing inefficiencies and inequalities.
Shift Toward Economic Freedom

By enabling faster and more affordable transactions, cryptocurrencies have the potential to empower individuals and communities in countries with limited access to reliable financial systems.
The adoption of crypto is increasingly viewed as a step toward greater economic inclusion and independence.

Implications for Coinbase and the Crypto Market

Coinbase's Role in Crypto Adoption

As one of the largest cryptocurrency exchanges globally, Coinbase is well-positioned to benefit from the growing use of crypto as a tool for economic reform in underserved markets.
The company’s strategic focus on USDC and partnerships in emerging economies strengthens its position as a leader in financial innovation.
Broader Market Trends

The findings from Coinbase’s study highlight an increasing global appetite for decentralized finance, particularly in regions with financial instability.
If crypto adoption continues to rise, it could spur new opportunities for exchanges, blockchain developers, and financial service providers.