Cryptocurrency exchange Coinbase Global (NASDAQ: $COIN) is targeting banks as institutional adoption of cryptocurrencies continues to grow.
Coinbase Targets Banks As Institutional Crypto Adoption Grows
Cryptocurrency exchange Coinbase Global (NASDAQ: $COIN) is targeting banks as institutional adoption of cryptocurrencies continues to grow.
Yahoo Finance
Publisher
Oct 8, 2026 at 2:03 PM UTC · 1 Min. Lesezeit
Key Signal
Oct. 8 USDC custody announcement date
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coinbase
Last Updated
vor 2 Tagen
Übersetzung…
Coinbase is expanding its services for banks and other traditional financial firms as institutions continue to adopt Bitcoin (CRYPTO: $BTC) and other crypto.
In a media interview, Liz Martin, head of Coinbase Institutional, said banks are launching their own digital asset services and Coinbase is serving as their infrastructure provider.
Coinbase and other crypto firms are building their prime brokerages and offering services such as custody, trading, financing, and settlement to leading banks around the world.
On Oct. 8, Coinbase Global announced that it will provide custody balances of Circle's (NYSE: $CRCL) stablecoin (CRYPTO: $USDC) via its Coinbase Prime institutional platform.
Bitcoin moved from $77,210.9 to $82,928.6 over the last 30-day period, a gain of 7.4 percent.
Source: Kraken · NewsLayer Markets · Updated vor ein paar Sekunden
Coinbase also recently said that it had finalized the integration of Deribit and would soon link its U.S. and international crypto-derivatives markets in one liquidity pool.
Coinbase purchased trading platform Deribit in 2025 for $2.9 billion U.S.
COIN stock has declined 55% over the last 12 months to trade at $175.11 U.S. per share.
Follow the Story
- Oct 8Coinbase Targets Banks As Institutional Crypto Adoption Grows
- Oct 10Coinbase CEO Brian Armstrong Just Doubled Down On His $400,000 Price Target for Bitcoin. Here's Why He's Wrong.
- Oct 10Raydium Volatility Explained: Coinbase Listing and SEC Guidance
- Oct 10Over $51 Million in Solana Returned to Coinbase: Who's Selling?
- Oct 8Coinbase Targets Banks As Institutional Crypto Adoption Grows
- Oct 10Coinbase CEO Brian Armstrong Just Doubled Down On His $400,000 Price Target for Bitcoin. Here's Why He's Wrong.
- Oct 10Raydium Volatility Explained: Coinbase Listing and SEC Guidance
- Oct 10Over $51 Million in Solana Returned to Coinbase: Who's Selling?
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Originally reported by Yahoo Finance
NewsLayer coverage based on externally reported material.
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