PANews May 9 news, according to The Block, Coinbase announced its Q1 2025 financial report, with revenue of $2.034 billion, below the expected $2.12 billion; earnings per share of $0.24, far below the market expectation of $1.93. Trading volume decreased by 10% compared to the previous quarter, and trading revenue dropped to $1.26 billion. Previously, the company announced it would acquire the derivatives exchange Deribit for $2.9 billion to expand its global derivatives business. For the quarter ended March 31, adjusted net profit was $527 million, with a net profit of $66 million.