Coinbase, a leading cryptocurrency exchange, has seen significant growth in trading volumes. In the first quarter of 2024, the company processed a total trading volume of $312 billion, with retail customers accounting for $56 billion and institutional customers contributing $256 billion. This growth is notable, as institutional trading volume has increased by 4.17 times since the first quarter of 2018, and retail trading volume has seen a 93% quarter-over-quarter increase in the first quarter of 2024.