Product Expansion And Everything ExchangeAnalyst highlights Coinbase's Everything Exchange strategy, adding equities, derivatives, prediction markets and token listings to broaden the addressable market and enable cross-selling that can deepen user engagement.
Revenue Diversification From Derivatives And SubscriptionsAnalyst emphasizes growth in derivatives trading and subscription-based services as stabilizing revenue streams that help offset volatility in spot transaction fees.
Tokenization And Infrastructure InitiativesAnalyst points to Coinbase's tokenization platform and layer-two infrastructure pivot, plus the prospect of a native token, as potential catalysts to attract builders, asset managers and new revenue sources.