Coinbase Unveils Major Strategic Pivot Amid Strong Financial Performance

Coinbase is executing a dramatic strategic overhaul that signals a new direction for the cryptocurrency exchange. The company is simultaneously accelerating its global footprint while abandoning a major acquisition, raising questions about whether this marks the most significant transformation in the firm’s history.

The strategic shifts come against a backdrop of impressive financial results. For the third quarter of 2025, Coinbase reported total revenue of $1.9 billion, representing a 25% increase over the previous quarter. Net profit reached $433 million, while platform assets climbed to $516 billion. The company also noted that average USDC balances exceeded $15 billion, setting a new record high.

Asian Market Entry Through Singapore

On Wednesday, November 12, 2025, Coinbase Business Read more...