Coinbase stock rose 1.1% amid mixed developments. On the positive side, Bloomberg Intelligence analysts estimated stablecoin revenue, which comprised 19% of Coinbase's 2025 revenue, could expand two to sevenfold under the Genius Act if payment adoption accelerates. Coinbase expanded its equities trading platform to offer over 8,000 stocks and ETFs with 24-hour trading in the US. Yahoo Finance announced a partnership with Coinbase to integrate real-time crypto market data and add trade buttons linking to 360 crypto tickers and 600-plus equities. However, broader crypto market weakness pressured the stock. Bitcoin fell below $65,000 as investors rotated away from risk-on trades due to tariff uncertainties and geopolitical concerns, including potential US-Iran tensions. President Trump announced plans to raise retaliatory tariffs to 15% effective immediately. Senators also called for the CFTC to restrict certain prediction market bets on Polymarket, a Coinbase-related platform.
Read full analysisCoinbase stock rose 1.1% amid mixed developments. On the positive side, Bloomberg Intelligence analysts estimated stablecoin revenue, which comprised 19% of Coinbase's 2025 revenue, could expand two to sevenfold under the Genius Act if payment adoption accelerates. Coinbase expanded its equities trading platform to offer over 8,000 stocks and ETFs with 24-hour trading in the US. Yahoo Finance announced a partnership with Coinbase to integrate real-time crypto market data and add trade buttons linking to 360 crypto tickers and 600-plus equities. However, broader crypto market weakness pressured the stock. Bitcoin fell below $65,000 as investors rotated away from risk-on trades due to tariff uncertainties and geopolitical concerns, including potential US-Iran tensions. President Trump announced plans to raise retaliatory tariffs to 15% effective immediately. Senators also called for the CFTC to restrict certain prediction market bets on Polymarket, a Coinbase-related platform.
Coinbase is the largest publicly traded cryptocurrency exchange in the United States, generating revenue primarily from trading fees on Bitcoin, Ethereum, and other digital assets. The company is diversifying aggressively — on February 24 it opened commission-free stock and ETF trading to all U.S. users in partnership with Yahoo Finance, directly challenging Robinhood as it pursues an 'everything exchange' strategy. As a high-beta proxy for crypto market activity with a beta of 3.7, Coinbase remains acutely exposed to Bitcoin's ongoing selloff, which has erased more than 40% from its October peak.