Coinbase Expands into Stocks, Derivatives, India; Shares Surge
Update: 2025-12-22
Description
Coinbases stock surged as the blockchain giant announced major expansions, acquiring The Clearing Company for its Everything Exchange platform and securing a minority stake in Indias CoinDCX. The Indian deal, following regulatory battles, opens doors to a fast-growing crypto market. Coinbase also partnered with Klarna for USDC-funded accounts and rolled out zero-fee USDC on-ramps in emerging markets. Despite initial enthusiasm, shares cooled, and the stock has been volatile since January, currently down 40% from its peak. However, these moves indicate Coinbases growing role in global finance.
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