Discontinued — last reported Q4 '24

Products & Services · Revenue

Custodial fee revenue — Revenue

Coinbase Global, Inc. Custodial fee revenue — Revenue increased by 36.0% to $43.14M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 119.4%, from $19.66M to $43.14M. Over 3 years (FY 2021 to FY 2024), Custodial fee revenue — Revenue shows relatively stable performance with a 1.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2024
Rolls up toTotal Revenue

How to read this metric

An increase suggests growth in institutional adoption or higher asset values under management, while a decrease may indicate competitive pricing pressure or a decline in assets held on the platform.

Detailed definition

This metric represents the revenue generated from fees charged to institutional and retail clients for the secure storag...

Peer comparison

Comparable to asset management fees or custody service revenue at traditional financial institutions and other digital asset service providers.

Metric ID: coin_segment_custodial_fee_revenue_revenue

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$31.70M$31.47M$49.68M$31.69M$22.18M$14.53M$11.44M$17.04M$16.99M$15.81M$19.66M$32.34M$34.51M$31.72M$43.14M
QoQ Change-0.7%+57.9%-36.2%-30.0%-34.5%-21.3%+48.9%-0.3%-7.0%+24.4%+64.5%+6.7%-8.1%+36.0%
YoY Change-30.0%-53.8%-77.0%-46.2%-23.4%+8.8%+71.8%+89.8%+103.1%+100.7%+119.4%
Range$11.44M$49.68M
CAGR+9.2%
Avg YoY Growth+23.9%
Median YoY Growth+8.8%

Frequently Asked Questions

What is Coinbase Global, Inc.'s custodial fee revenue — revenue?
Coinbase Global, Inc. (COIN) reported custodial fee revenue — revenue of $43.14M in Q4 2024.
How has Coinbase Global, Inc.'s custodial fee revenue — revenue changed year-over-year?
Coinbase Global, Inc.'s custodial fee revenue — revenue increased by 119.4% year-over-year, from $19.66M to $43.14M.
What is the long-term trend for Coinbase Global, Inc.'s custodial fee revenue — revenue?
Over 3 years (2021 to 2024), Coinbase Global, Inc.'s custodial fee revenue — revenue has grown at a 1.3% compound annual growth rate (CAGR), from $136.29M to $141.71M.
What does custodial fee revenue — revenue mean?
Revenue earned from charging clients fees to securely store and protect their digital assets.