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How Crypto Companies Like Coinbase And Binance Make Money In 2023

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Crypto companies have had a rough year. Coming off the collapse of FTX, and now digital asset-focused banks Silvergate and Signature, the once red-hot industry remains in a crypto winter. There are survivors though -- including Binance, Kraken, and Coinbase. and they all need a way to stay afloat in 2023. Here’s how they make money in a post-FTX crypto landscape.

Chapters:
00:00 Introduction
01:15 - Coinbase revelations
03:04 - Kraken’s focus
05:05 - Binance and crypto winter

Produced by: Talia Kaplan
Managing Producer: Jordan Smith
Supervising Producer: Jeff Morganteen
Graphics by: Alex Wood, Christina Locopo
Edited by: Tim Hurt

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How Crypto Companies Like Coinbase And Binance Make Money In 2023
Category
Tech
Tags
CNBC, CNBC original, business
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