Market PositionCoinbase was added to the S&P 500, making it the first and only crypto-native company to be included in the index.
Regulatory DevelopmentsCoinbase has enjoyed several catalysts in recent weeks, including: (i) signing of the GENIUS Act (stablecoins), (ii) House passage of the CLARITY Act (market structure), and (iii) inclusion in the S&P 500.
Strategic PartnershipsCoinbase announced a partnership with JPMorgan Chase to make crypto more accessible to the bank’s 80M customers.