A substantial insider sell was reported on November 10, by Frederick R Wilson, Board Member at Coinbase Global (NASDAQ:COIN), based on the recent SEC filing.What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that Wilson executed a sale of 10,000 shares of Coinbase Global with a total value of $3,014,586.At Tuesday morning, Coinbase Global shares are down by 1.92%, trading at $311.81.Unveiling the Story Behind Coinbase GlobalFounded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.Financial Insights: Coinbase GlobalPositive Revenue Trend: Examining Coinbase Global’s financials over 3 months reveals a positive narrative. The company achieved a noteworthy …Full story available on Benzinga.com
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