The crypto exchange company is often used as a proxy to gauge the health and growth of the nascent crypto industry in the United States.
Crypto exchange Coinbase landed on TIME’s 100 Most Influential Companies in 2025 list as a “disruptor” after the company was thrust into the limelight for being one of the crypto industry’s leading policy advocates in 2024.
Coinbase’s stock is up approximately 42% year-to-date and experienced a sharp rally following the Senate passing the GENIUS stablecoin bill on June 17.
The news catapulted Coinbase’s stock from roughly $303 per share to a local high of $382 per share. TIME wrote:
“The company, which in May became the first crypto stock to be added to the bellwether S&P 500 index, is a key driver of the industry’s policy efforts in Washington D.C. If industry-friendly bills are passed, Coinbase stands to become an even bigger hub for US crypto activity.”
Coinbase is the largest US-based cryptocurrency exchange and stands as a proxy for the health of the growing industry in the North American country.
Increased institutional, investor, and media interest in Coinbase could signal a sustained bull market for digital assets in the coming months.
Related: Coinbase stock ‘going vertical’ as it hits new closing high
Coinbase pushes into new markets as US fully embraces regulatory shift
Coinbase is reportedly seeking approval from the United States Securities and Exchange Commission (SEC) to offer tokenized equities to customers on the platform.
If the crypto exchange integrates tokenized stock trading, it would make the company a direct competitor to Robinhood, WeBull, and other brokerage applications offering mixed asset trading services.
On June 20, Coinbase announced that it secured a license to provide digital asset services in the European Union (EU) under the Markets in Crypto-Assets (MiCA) regulatory framework.
The license was granted by EU member nation Luxembourg’s Commission de Surveillance du Secteur Financier, the country’s financial regulator, and Coinbase will set up its EU headquarters in Luxembourg.
US President Donald Trump addressed the Coinbase State of Crypto Summit in June 2025, promising to establish a comprehensive cryptocurrency regulatory framework under his administration.
“We will be working to create clear and simple market frameworks that will allow America to dominate the future of crypto and Bitcoin,” Trump told the audience in a pre-recorded message.
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