ChainCatcher 消息，据 CoinDesk 报道，摩根大通最新报告显示，Coinbase 通过持有 Circle 股份及 USDC 稳定币相关业务获得显著收益。2025 年第一季度，Coinbase 从 Circle 获得约 3 亿美元分发收益，超过 Circle 当季 2.3 亿美元净收入。
报告指出，Coinbase 平台 USDC 余额达 130 亿美元，贡献 1.25 亿美元收入，利润率 20-25%。场外业务与 Circle 平分储备基金收益，上季度获得 1.7 亿美元近乎全利润收入。摩根大通维持 Coinbase 股票“中性”评级，目标价 404 美元。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.