Passionate about bridging India & China Tech innovation via Hong Kong. Fintech/Innovation/Startups. Founder:Finstep Asia; Cofounder:IndiaTechHK, FinTech Assn HK
Apr 14, 2021 • 7 tweets • 7 min read
1/ While we await @coinbase's listing, #InvestmentBanks are having record earnings. 10x the revenues of Coinbase in Q1. By that metric, given Coinbase is expected to hit 100B, all the #banks have to do is setup #cryptoexchange & volia! Trillion $ Banks:)
au.news.yahoo.com/goldman-sachs-…
2/Lets take @GoldmanSachs first: GS stomping expectations on both its top & bottom lines: $18/share: 510% gain TYoY. Revenues of $17.7B, a 102% YoY & +51% sequentially, leaving in dust the $11.97B estimate