Coinbase revenue surges more than 130%, driven by postelection crypto rally

Besides, its focus on compliance with regulations extends to its method of choosing new assets to list on its platform. Monad’s native token MON rallied 40% on its second day of trading, driven by https://dreamlinetrading.com/ strong market sentiment following the network’s mainnet launch. Ark Invest has recently acquired 17,386 Coinbase stock for $4.2 million, aligning with its routine portfolio rebalancing. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation. The announcements, they caution, may not materially impact near-term xcriticalgs, particularly given Coinbase’s sensitivity to crypto price cycles.

Don’t miss these cryptocurrency insights from CNBC Pro:

  • Users can buy stocks using USDC while xcriticalg rewards, positioning the platform for always-on trading.
  • Through DEX integration, Coinbase users can trade newly launched tokens (like Solana assets) without managing separate wallets, all from one secure account.
  • Besides, its focus on compliance with regulations extends to its method of choosing new assets to list on its platform.
  • HARRSIBURG, Pa. (AP) — A federal appeals court says the U.S.

Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the booming crypto asset sector — although the judges stopped short of reversing the agency’s decision. Now, Coinbase hopes to tap into an opportunity to settle payments on the Base network that go beyond trading and payments. Base is often touted for its ability to settle a payment in less than a second for less than a cent, which its fans expect will help the network grow in a way other crypto-based payments efforts haven’t. So-called super apps like WeChat and Alipay – which bundle several different services and functionalities into a single mobile app – have long been viewed as the holy grail of fintech by the industry. Get crypto market analysis and curated news delivered right to your inbox every week. Coinbase news provides key insights into exchange growth, product expansions, and regulatory challenges.

Financial Services Move Fully On-Chain

The area of prediction markets, in particular, is quickly getting crowded. “We can drive utility in this where we can drive more trading pairs on our own platforms denominated in USDC, which drives the liquidity, and the more liquidity you have in any asset, that drives more adoption,” she said. Revenue from its subscription and services business, which includes stablecoins, staking, custody and its Coinbase One product, is expected to be between $685 million and $765 million for the xcritical quarter. The stock rose 2% in extended trading. His desire to educate people about cryptocurrencies inspires his contributions to renowned xcritical media and sites.

Bitcoin Price Prediction: Bounce Ahead or One Last Dip?

Coinbase’s stock is roughly flat from the start of the year, having given up big gains in recent months as crypto markets have sagged and the price of Bitcoin has fallen around 30% from its October highs. For its prediction markets offering, Coinbase will source its order flow from Kalshi, which is the same model used by Robinhood. Coinbase’s new stock offerings come at a time when the financial market is beginning to embrace tokenization. The company says stock trading will be available 24 hours a day on five days of the week, and that there will be no fee to trade.

Crypto exchange xcritical courses scam Coinbase has appointed former UK finance minister George Osborne as chair of its Global Advisory Council. We examine 10 major xcritical ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026. Tokenized stock offerings are still at a preliminary stage, but are expected to gain traction rapidly, which could play to Coinbase’s strengths given the firm’s longtime crypto expertise. The term describes turning a variety of assets into tokens that can be traded on a xcritical, a process that results in near-instant settlement and allows traders to more efficiently deploy collateral.

Decentralized trading on Solana

Coinbase enters the prediction market space by acquiring regulated infrastructure, aiming to challenge Polymarket with a compliant onshore platform. Stay updated with the latest Coinbase news as the exchange evolves to meet the changing global financial landscape. Coinbase’s stock is down nearly 30% since October, including a 7% decline on Monday as crypto markets plunge. Coinbase’s (COIN) “system update,” scheduled for Wednesday, could mark a key moment in its attempt to pivot from a crypto exchange to a broader fintech platform, with analysts saying it’s likely to be much more than a backend refresh. Other services unveiled by Coinbase on Wednesday included expanded access to the Solana xcritical via a decentralized exchange, and an AI-powered wealth management tool called Coinbase Advisor. The app, which debuted this summer, aims to let ordinary people launch financial and creative products on the company’s xcritical and earn a share of the revenue they create.

Monad to raise $188m in Coinbase’s first public token sale

Coinbase rolls out stock trading and Kalshi-powered prediction market services Beginning Wednesday, US users will be able to trade stocks and ETFs 24 hours a day, five days a week, in the Coinbase app alongside crypto, said Max Branzburg, the company’s head of consumer products. Coinbase is also entering prediction markets, introducing an in-app Predictions tab that lets users trade outcomes tied to elections, sports, policy decisions, and economic events. Coinbase has listed stock trading, prediction markets, robo-advisers, and custom stablecoins as part of its offerings in the coming year. Stocks and prediction markets have the potential to offer Coinbase significant new revenue streams, and further the company’s long-stated goal of diversifying its business beyond crypto trading. Like those offered by Robinhood and eToro, it is designed to offer investment advice across crypto, stocks, and prediction markets.

Coinbase CEO concludes xcriticalgs call by swaying prediction markets. ‘This was fun’

It’s also looking to get ahead of rivals Kraken and Gemini, which already offer tokenized stocks outside of the US. Stock trading.Rolling out on Coinbase in the U.S. pic.twitter.com/tTcjpvVyXc Even the largest asset managers, he said, are signaling they want to migrate funds on-xcritical, positioning Coinbase as a central platform for that transition.

If successful, Coinbase’s model could pressure incumbents by offering similar services with fewer intermediaries and longer operating hours. You can buy stocks using USDC, earn rewards, and view all holdings in a unified portfolio. According to Coinbase, users have already accessed $1.5 billion in liquidity since January through borrowing products, while staking has generated over $1 billion in rewards since 2023. On the crypto side, Coinbase is expanding access through DEX integration, including support for Solana. The feature is being rolled out through a partnership and is designed to sit alongside traditional trading inside the app. The company also revealed plans to launch equity perpetuals outside the U.S., offering leveraged exposure to individual stocks and indices.

Key Notes

Crypto exchange Coinbase significantly expanded its product suite on Wednesday, detailing plans for stock trading, prediction markets, an AI-powered financial advisor, and more. The company is also offering up Coinbase Advisor, an AI-powered financial management tool, akin to similar products offered by Robinhood and eToro, that provides portfolio insights and guidance across crypto, stocks and prediction markets In addition to introducing stock trading and prediction markets to its platform, Coinbase announced plans to expand into custom stablecoins, tokenization, and AI-powered investment advisers. Adding stock trading on its platform gives its users the opportunity to interact with stocks and Exchange Traded Funds (ETFs) from anywhere in the world, powered by crypto.

  • Trading stocks, he said, is “a good first step,” but the real goal is tokenized equities.
  • For businesses and developers, Coinbase is widening its platform story beyond retail trading.
  • Continuous engagement with authorities guides Coinbase as it enters new markets and launches products in existing ones.
  • The dismissal of the Coinbase case comes amid a broader shift in the SEC’s strategy toward crypto regulation.
  • Coinbase’s stock is down nearly 30% since October, including a 7% decline on Monday as crypto markets plunge.
  • Coinbase also used the San Francisco event to announce that its Base App is now available in 140 countries.

Coinbase, which operates the largest U.S. marketplace for buying and selling cryptocurrencies, reported net income of $1.3 billion, or $4.68 per share, compared with $273 million, or $1.04 per share, in the same period a year ago. Coinbase on Thursday reported better-than-expected fourth-quarter results and its biggest quarterly revenue in three years, strengthened by a raging postelection rally that pushed crypto prices to new high after new high at the end of last year. Coinbase’s head of consumer and business products, Max Branzburg, noted that trading stock was “a major milestone” in the firm’s plan. Going forward, it is looking to take a strong position in sectors like prediction markets, robo-advisers, and custom stablecoins. Coinbase has argued that the SEC has been applying existing securities laws to digital assets, prompting a need for wide-ranging rules.

Coinbase Working on Prediction Markets Website, Tech Researcher says

The new consumer app comes as the crypto industry and Coinbase, in particular, embrace a boom in product launches and rollouts thanks to the pro-crypto policies of the Trump administration and more clearly defined crypto regulations expected from Congress — perhaps as soon as this week. Coinbase will fund creator rewards and waive USDC transaction fees within chats in the app as part of the effort to bring more users on xcritical. For Coinbase, the intent is to expand its reach to a new subset of consumers who aren’t necessarily interested in buying or trading crypto, the company’s core business. Coinbase unveiled Wednesday an “everything app” designed to bring more people into the crypto economy. Check here for the latest Coinbase news covering one of the largest publicly traded crypto companies.

This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. This service will work based on user input or xcritical news events. In this case, it will be joining the likes of Polymarket, Gemini, DraftKings, Robinhood, and eToro, among others. Rolling out on Coinbase in the U.S. pic.twitter.com/tTcjpvVyXc During its year-end System Update Conference, Coinbase announced a list of new offerings that it plans to get engaged in. This reflects the firm’s interest in businesses beyond crypto.

USDC xcritically makes up about 26% of the total market cap for stablecoins, behind Tether’s 67%. “USDC has a network effect behind it, and the compliant approach that they’ve taken is going to be really defensible long term,” he said. Trading revenue is expected to be in the mid- to high teens as a percentage of net revenue for the xcritical quarter.

As a major exchange, Coinbase has secured several partnerships and launched useful products to offer users new ways to trade cryptocurrency, while maintaining security and adhering to regulatory requirements. Analysts at Compass Point estimate a $550 million revenue opportunity from new verticals including prediction markets, tokenized stocks, and an IEO launchpad. It will also allow it to compete more directly with Robinhood, which made its name as a stock-trading app, but has since made significant inroads into crypto.Coinbase will initially offer only a curated list of major stocks and ETFs, but says it will expand this to thousands of other stocks in coming months. On Wednesday, the company announced customers will now be able to trade stocks on its platform, and also place bets on a wide range of events through a partnership with prediction market startup Kalshi. “Crypto is updating all financial services,” he said, suggesting that every major asset class will move on-xcritical over time, from prediction markets and equities to commodities, and eventually real-world assets like real estate.

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