Coinbase Says Altcoins Jumped to Majority of Trading in Quarter

At the time, Coinbase was seeing competitors gaining market share by listing more coins, as tokens such as Shiba Inu emerged as retail favorites. Coinbase listed Shiba in September. Today, Coinbase still lists fewer coins than much of the competition: 160 versus 404 coins on rival Binance, per data tracker CoinMarketCap. But its trading volume market share has increased, Chief Financial Officer Alesia Haas said during the company’s earnings call Thursday.