In the most recent trading session, Coinbase Global, Inc. (COIN) closed at $236.9, indicating a -1.18% shift from the previous trading day.
With the rise of prediction markets and asset tokenization, it seems like Coinbase (NASDAQ:COIN) has a front-row seat to two of the hottest emerging growth drivers that could power its shares to an impressive comeback in the new year, even as the crypto trade begins to exhibit a bit of weakness.
COIN to acquire The Clearing Company as it deepens its move into prediction markets and diversifies beyond crypto trading.
Recently, Zacks.com users have been paying close attention to Coinbase Global (COIN). This makes it worthwhile to examine what the stock has in store.
Coinbase is expanding its new prediction markets business by acquiring The Clearing Company. The acquisition, announced Monday (Dec. 22), comes days after Coinbase said it would begin offering access to prediction markets in the U.S.
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.
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.
In the closing of the recent trading day, Coinbase Global, Inc. (COIN) stood at $245.12, denoting a +2.47% move from the preceding trading day.
Coinbase Global Inc (NASDAQ:COIN) is broadening its platform beyond cryptocurrencies, allowing US customers to trade stocks and exchange-traded funds (ETFs) alongside their crypto holdings. The new offerings, part of a push to become an “everything exchange,” also include prediction markets through Kalshi, decentralized trading of Solana tokens via Jupiter, custom-branded stablecoins, and a range of derivatives and financial services.
Cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) announced it will expand to enable users to trade stocks and event contracts tied to real-world outcomes.
U.S. crypto exchange Coinbase has appointed former British finance minister George Osborne to run its internal advisory council, the company said on Thursday, as it aims to expand its influence with governments beyond the U.S.
The crypto firm has its sights on becoming an “everything exchange,” and prediction-markets platforms like Kalshi are starting to show up everywhere.