Goldman Bullish on Online Brokers’ 4Q Earnings Due to Crypto Activity, Retail Trading

Goldman Bullish on Online Brokers’ 4Q Earnings Due to Crypto Activity, Retail Trading

Crypto exchange Coinbase, bank Silvergate Capital and trading platform Robinhood are expected to post the strongest results relative to estimates, the bank said in a note published Tuesday. Goldman expects total crypto-trading revenue at Coinbase and Robinhood to rise 62% and 18%, respectively, from the previous quarter.

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