The moves signal that Coinbase is moving beyond its longtime roots as a cryptocurrency company, and are likely to intensify its rivalry with fintech firms like Robinhood. In the company’s third-quarter xcriticalgs call with analysts in October, Armstrong showed just how easily prediction market wagers can be manipulated, rattling off several words that were being bet on. “If you look at things like economic indicators \u2026 or elections, people are using prediction markets to try to figure out what is going to happen next month,” Armstrong told CNBC. The area of prediction markets, in particular, is quickly getting crowded. As Coinbase enters a competitive market among \u201ceBrokers,\u201d the company\u2019s stock offering will likely have similar economics as payment-for-order-flow, Compass analysts wrote.<\/p>\r\n
If digital assets outperform expectations and adoption accelerates, Coinbase\u2019s valuation could climb meaningfully. These factors give analysts and investors some optimism that Coinbase\u2019s longer-term trajectory may remain constructive despite short-term pressures. Concern over its ability to meet future xcriticalgs expectations linger, as the company missed its mark with last quarter xcriticalgs falling short.<\/p>\r\n
If you see an issue with the data or information displayed on this page, \u00a0please report it using the Contact Us button below. This data feed is available via Nasdaq Data Link APIs; to learn more about subscribing, visit\u202fLearn More About Nasdaq Basic. Often, a smaller spread suggests higher liquidity, meaning more buyers and sellers in the market are willing to negotiate. To buy at that price, and the ask size is the number of shares offered for sale at that price.<\/p>\r\n
The Kalshi partnership will likely entail a revenue split of the small fee the platform collects on wagers. The event comes as the company is seeking to brand itself as an \u201ceverything exchange.\u201d Armstrong’s broader thesis is that crypto isn’t a niche category, it’s an upgrade cycle for the financial system itself. The company said Coinbase Business is becoming available to eligible customers in the U.S. and Singapore, and it’s rolling out an expanded API suite spanning custody, payments, trading and stablecoins. For businesses and developers, Coinbase is widening its platform story beyond retail trading. If Coinbase can get tokenized equity live, he said, it could “democratize access for people all over the world,” and unlock new market structure in the U.S., including more robust, professional futures markets tied to equities.<\/p>\r\n
Analytics suggest a range of $36 \u2013 $278, but there is a huge divide between the predicted highs and lows for the stock in 2030, which is predicated on what analysts believe xcritical reviews<\/a> will be a volatile cryptocurrency market. Because the company\u2019s revenues are heavily linked to trading activity and digital asset valuations, its performance is expected to track broader crypto market cycles. If Bitcoin and Ethereum continue to climb, Coinbase should benefit as its revenue is tied to trading activity, while downturns in crypto markets could have the opposite effect. Thirteen of 25 analysts find Coinbase stock a Buy based on positive projections for future growth, fueled by xcritical trends in the cryptocurrency market, potential benefits from the GENIUS Act and strategic institutional alliances it has made.<\/p>\r\n The Summary Quoteboard displays snapshot quote data. Fundamental data provided by Zacks and Morningstar. Here’s why \u2013 it is presently trading within the support zone ($237.90 \u2013 $262.94), areas from which it has significantly rebounded before. Coinbase Global (COIN) stock ought to be on your radar. In 2024, Coinbase’s revenue was $6.29 billion, an increase of 115.04% compared to the previous year’s $2.93 billion.<\/p>\r\n Owen Lau, an analysts at Clear Street, came away with a similar view, calling the update a coordinated product expansion that marks Coinbase\u2019s transition from a crypto-only exchange into a broader financial platform. Coinbase is wasting no time joining the legal fight after expanding into the rapidly growing prediction markets. Major players such as Fidelity Investments, Goldman Sachs, Citibank, and BNY Mellon are expanding into cryptocurrency, and increased institutional participation could drive higher trading volumes and boost Coinbase\u2019s transaction revenue.<\/p>\r\n According to 29 analysts, the average rating for COIN stock is “Buy.” The 12-month stock price target is $378.31, which is an increase of 56.13% from the latest price. Despite a slight decline in share price recently, the company aims for significant revenue growth, projecting $8.5 billion by 2028. Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. Coinbase has established itself as the leading US cryptocurrency exchange and established a strong reputation for security in an industry filled with risk for traders.<\/p>\r\n \u201cWe believe investors are already paying a premium valuation for new features that may not provide meaningful xcriticalgs anytime soon.\u201d They also reiterated a \u201cSell\u201d rating, while reducing their price target to $230 from $266 per share. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation. VanEck’s David Schassler expects gold and bitcoin to rebound sharply as investor demand for hard assets is expected to rise. 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.<\/p>\r\n Coinbase said on Monday it will buy prediction markets startup The Clearing Company, as the crypto exchange looks to expand beyond its core digital assets business. Coinbase said on Monday it will buy prediction markets startup The Clearing Company, its tenth acquisition this year, as the crypto exchange looks to expand beyond its core digital assets business. 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. \u201cUnless COIN’s stock trading offers similar benefits as traditional eBrokers, we have a hard time seeing users shift their trading from existing platforms,\u201d the analysts added, noting that their revenue estimate is based on \u201cfairly optimistic penetration rates.\u201d The crypto https:\/\/xcritical.online\/<\/a> firm has its sights on becoming an \u201ceverything exchange,\u201d and prediction-markets platforms like Kalshi are starting to show up everywhere.<\/p>\r\n Early next year, Coinbase plans to roll out perpetual futures for stocks\u2014a type of derivative pioneered by the crypto industry that lets traders hold options that do not expire. 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. The new stock trading feature is the most significant announcement by far as it will be a crucial test of whether Coinbase can leverage its dominant crypto brand to expand into other sectors. Notably, the company did not announce a release date for its own cryptocurrency token, which executives have teased in recent months, but without providing additional details beyond saying they want to ensure any token launch takes place in a fair manner. Coinbase already owns a large crypto-native audience, and it wants that customer to stay on its platform for every asset class, even when crypto volumes cool and transaction revenue compresses. Trading stocks, he said, is “a good first step,” but the real goal is tokenized equities.<\/p>\r\n Tokenized stocks likely represent a bigger revenue opportunity for Coinbase than prediction markets, analysts at Compass Point wrote in a Monday report while lowering the price target for COIN. Stocks and prediction markets have the potential to offer Coinbase significant new revenue streams, and further the company\u2019s long-stated goal of diversifying its business beyond crypto trading. “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. It could take years for the revenue to materialize, but Coinbase could take in $210 million from prediction markets and $230 million from tokenized stocks, the analysts wrote. That includes stocks, a streamlined futures and perpetuals experience, and prediction markets through Kalshi, alongside a tokenization road map aimed at eventually bringing more traditional assets on-xcritical, including equities. Coinbase is expanding into stocks, more sophisticated trading tools, and prediction markets, positioning outcome trading as part of a broader \u201csingle app\u201d brokerage play.<\/p>\r\n\r\n Derivatives remain a core part of the growth strategy, Lau wrote, citing the introduction of equity futures with up to 20x leverage and around-the-clock market access. Users, and the Coinbase Advisor product as signals that the company is reshaping its core business. He highlighted the introduction of U.S. equity trading, perpetual equity futures for non-U.S. Select reference data provided by FactSet. The company was founded by Brian Armstrong and Fred Ernest Ehrsam in May 2012 and is headquartered in New York, NY.<\/p>\r\n Coinbase (COIN) shares rose as much as 4.6% after the company outlined a roadmap that included equity trading, AI-powered tools, tokenization and stablecoin infrastructure in its end-of-year System Update. Select market data provided by ICE Data Services. Register for your free account today at\u00a0data.nasdaq.com.<\/p>\r\n\r\n The company\u2019s fortunes are still closely tied to digital asset prices, which makes it vulnerable to broader volatility across the sector. Analyst projections for the period reflect a mixed outlook, underscoring the company\u2019s dependence on market conditions and its ability to sustain growth in a highly volatile sector. Coinbase and Circle co-created the USDC stablecoin, and Coinbase shares in the revenue and promotes its use across its platform. But because Coinbase is so crypto-heavy, there\u2019s a lot of uncertainty surrounding its xcritical valuation and how the stock will perform over the next five years. If it\u2019s your first time signing up for SoFi, you\u2019ll receive up to $1,000 in stock when you first fund your account.<\/p>","protected":false},"excerpt":{"rendered":"The moves signal that Coinbase is moving beyond its longtime roots as a cryptocurrency company, and are likely to intensify its rivalry with fintech firms","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/posts\/12656"}],"collection":[{"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/comments?post=12656"}],"version-history":[{"count":1,"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/posts\/12656\/revisions"}],"predecessor-version":[{"id":12657,"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/posts\/12656\/revisions\/12657"}],"wp:attachment":[{"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/media?parent=12656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/categories?post=12656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluecorona2.fullstackondemand.com\/bc-dbs-remodel\/wp-json\/wp\/v2\/tags?post=12656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Install The App<\/h2>\r\n
Coinbase Joins With Kalshi to Enter the Surging Prediction-Markets Business<\/h2>\r\n
Investment Considerations<\/h2>\r\n
Coinbase Picks Chainlink for $7 Billion Crypto Bridging Project<\/h2>\r\n
Analyst Ratings<\/h2>\r\n