Notable crypto exchange Coinbase is taking several strategic steps across partnerships, product development, acquisitions, and regulatory compliant moves. Coinbase has recently allied with the giant conglomerate Samsung to make crypto accessible to over 75 million Galaxy users. In addition, Coinbase and Mastercard are reportedly in a bidding race for stablecoin company BVNK, valued up to $2.5 billion.
Sharps Technology moves a hefty $435M Solana treasury to Coinbase, which could boost Coinbase's edge in crypto custody. Furthermore, the firm is expanding its Solana treasury with Coinbase Prime custody and OTC trading support.
Coinbase has also unveiled a new Amex card aiming to attract Bitcoin enthusiasts with up to 4% BTC cash back. At the same time, they are launching a credit card to further bridge the gap between crypto and everyday transactions. Onboarding crypto's open era, Coinbase is accelerating preparations to serve the next billion users through initiatives like crypto staking in New York following a deal with state regulators.
Despite strategic moves, Coinbase Global saw its stock fall by 7.75%, with Q3 results unveiled in late October. The firm is also reportedly exploring stock tokenization.
Coinbase News Analytics from Tue, 15 Apr 2025 07:00:00 GMT to Sun, 12 Oct 2025 01:07:00 GMT - Rating 6 - Innovation 8 - Information 9 - Rumor -5
