Coinbase overtakes Charles Schwab in market cap
Coinbase’s market capitalization ($90 billion) could surpass that of banking giant Charles Schwab ($164 billion). While this prospect seems unlikely, the performance of the cryptocurrency exchange is impressive. Recently, Coinbase shares were added to the S&P 500, resulting in a 44% surge. Trading volumes on the platform continue to grow—instilling optimism.
More crypto companies to go public
Several projects have already gone public, including Webull, eToro, and Circle, with a combined valuation exceeding $51.5 billion. Waiting in line are major crypto players such as Gemini, Kraken, and others.
