💼 Coinbase Revenue Falls — But It's Playing the Long Game
Coinbase reported $1.5B in revenue, a 25% drop that sent its stock down 9% 📉
But it’s not just Coinbase — the entire crypto exchange space is tightening as:
🔸 Kraken expands into stock trading
🔸 Robinhood, eToro, and Revolut eye crypto
🔸 Big banks like JPMorgan & Morgan Stanley move in
Here’s what Coinbase is doing to stay relevant:
⚙️ Partnering with JPMorgan
🛒 Integrating stablecoins into Shopify payments
🌐 Growing its Ethereum L2 network, Base, in DeFi
📱 Planning deeper moves into wallets and onchain tools
The future? Coinbase wants to be more than an exchange — it’s betting on becoming crypto’s core infrastructure
👉 Stay ahead of the market — follow for sharp updates
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