GREY:VYGVQ - Post by User
Post by
nozzpackon Mar 04, 2021 2:04pm
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Post# 32716792
Coinbase AUM
Coinbase AUMA good rule of thumb for estimating AUM is the 10% rule.
That is,revenues are 10 % of AUM.
Voyager is slightly above this at the moment ( 11.5% ).
Coinbase reported $1.28 billion in 2020 revenues which implies an average AUM of about $13 billion in 2020.
We don't know revenues in the first two months of 2021: but doubling to $2.6 billion run rate might not be unreasonable.
This would imply an current AUM in the $25 billion to $30 billion range..