Coinbase Global Inc

Quantli Newsdesk

· 18 hours ago

President Trump hosted top cryptocurrency executives, including Coinbase CEO Brian Armstrong, at the White House to push for passage of the CLARITY Act, a bipartisan bill that would create a regulatory framework for digital assets under joint SEC and CFTC oversight. The bill, which passed the House last year, remains stalled in the Senate over concerns about ethics provisions and the Trump family's crypto ventures. Meanwhile, CFTC Chairman Mike Selig indicated the agency may pursue alternative regulations if Congress fails to act.

Quantli Newsdesk

· 2 days ago

Coinbase integrated Hyperliquid's perpetual futures trading directly into its Base App, giving eligible self-custody users access to over 290 leveraged markets (up to 50x) including crypto, tokenised stocks, and commodities. The feature is unavailable in the US, UK, and Canada, and builds on Coinbase's existing role as USDC treasury deployer on Hyperliquid's network.

Quantli Newsdesk

· 13 days ago

Coinbase posted a record 10.3% global crypto trading market share in Q2 2026 but missed revenue estimates with $1.22 billion and reported a $359 million net loss. H.C. Wainwright maintained its rating on the stock, which fell roughly 5–11% after hours as investors weighed weak earnings against diversifying revenue streams.

Quantli Newsdesk

· 20 days ago

Coinbase shares fell sharply following its Q2 earnings report, which showed declining revenue and a larger-than-expected loss. While the company gained market share in crypto trading, weak trading volumes during a volatile geopolitical period weighed on results.

Quantli Newsdesk

· 21 days ago

Coinbase reported a $359.5 million net loss in Q2 2026, marking its third consecutive quarterly loss, as industry trading volumes declined sharply. Despite the downturn, the company captured a record 10.3% share of global crypto trading volume and grew subscription revenue to 48% of net revenue, driven by its USDC stablecoin arrangement with Circle. The loss narrowed from prior quarters, and adjusted EBITDA remained positive for the 14th consecutive quarter.

Quantli Newsdesk

· a month ago

The tokenized securities sector reached new milestones as DTCC began testing blockchain settlement infrastructure and crypto platforms expanded access to tokenized stocks and ETFs. Ondo Finance now controls roughly 66% of the tokenized ETF market, which crossed $526 million in total value, while Backpack Securities launched Intel shares as Solana tokens. Coinbase-linked Base is also developing a tokenized stock product for non-US users.

Quantli Newsdesk

· 2 months ago

Coinbase has partnered with Visa, Mastercard, and over 140 other companies to launch Open USD, a new dollar-backed stablecoin designed for enterprise use. The consortium, called Open Standard, aims to solve adoption barriers by offering no-cost minting and redemption, shared reserve income, and collaborative governance. The stablecoin is expected to go live later this year.

Quantli Newsdesk

· 2 months ago

Base deployed its Beryl network upgrade on June 25, introducing the B20 token standard for native token issuance directly embedded in node software. The upgrade reduced Base-to-Ethereum withdrawal delays from seven days to five and improved node performance through Reth V2, supporting future scalability.

Quantli Newsdesk

· 2 months ago

Coinbase announced layoffs affecting roughly 14% of employees as the company posted its second consecutive quarterly loss and a 31% revenue decline. CEO Brian Armstrong framed the cuts as part of a broader shift toward AI-driven operations, not just cost-cutting. The move follows weak crypto trading volumes and reflects broader tech industry pressure to balance efficiency with AI investment.

Quantli Newsdesk

· 3 months ago

Coinbase launched pre-IPO perpetual futures for SpaceX on June 4, allowing eligible non-US traders to gain leveraged exposure to the company's private-market valuation, currently estimated around $1.8 trillion. The USDC-settled contracts offer 5x leverage, carry no expiration date, and automatically convert to standard SpaceX perpetuals if the company goes public. This marks Coinbase's latest step toward becoming an "Everything Exchange," joining rivals like Binance, OKX, and Crypto.com in offering synthetic pre-IPO products.

Quantli Newsdesk

· 3 months ago

Coinbase announced a 14% workforce reduction as part of a strategic shift toward AI-powered operations. The move follows a quarterly loss and declining crypto trading volumes, with CEO Brian Armstrong describing plans to rebuild the company as an 'intelligence, with humans around the edge.'

Quantli Newsdesk

· 3 months ago

Coinbase is laying off roughly 14% of its workforce following a second consecutive quarterly loss and a 31% drop in revenue. The company frames the cuts as part of a broader shift toward AI-driven operations, citing evolving market conditions and the need to streamline costs.

Quantli Newsdesk

· 3 months ago

Coinbase has become the official treasury deployer of USDC on Hyperliquid, a major decentralized perpetual futures trading platform. The move positions USDC as the primary stablecoin for trading on Hyperliquid while phasing out the platform's native stablecoin USDH. Coinbase has also significantly increased its staked HYPE position and acquired rights to the USDH brand assets.

10-K

Quantli Newsdesk

· 4 months ago

Coinbase reported net revenue of $6.9 billion for FY2025, up 10% year-over-year, driven by 48% growth in stablecoin revenue and 39% growth in institutional transaction revenue. However, net income declined 51% to $1.3 billion, primarily due to $345 million in losses from a data theft incident and $529 million in losses on crypto assets held for investment.