Coinbase Named in Time's 100 Most Influential; Eyes Hybrid Exchange-Broker Role Amid Stock Surge
June 29, 2025
Coinbase has been recognized as one of Time's 100 Most Influential Companies of 2025, underscoring its significant role in enhancing the accessibility and legitimacy of digital assets.
The company is evolving its business model by applying to the SEC for permission to allow users to buy and sell tokenized stocks, positioning itself as a hybrid between a crypto exchange and a financial broker.
Coinbase's stock has seen a remarkable surge of nearly 42% year-to-date, largely driven by the Senate's approval of the GENIUS stablecoin bill, which boosted shares from around $303 to a local high of $382.
In its first quarter, Coinbase reported a 24% year-over-year revenue increase to $2 billion, although this fell short of analyst expectations and was a 10% decline from the previous quarter.
Despite revenue growth, the company's net income plummeted 94% to $66 million due to markdowns on crypto holdings, with adjusted earnings reported at $526.6 million, or $1.94 per share, down from $2.53 the previous year.
Founded in 2012, Coinbase has grown to serve over 100 million users globally, driving innovation in the digital finance sector while facing challenges such as security vulnerabilities and regulatory scrutiny.
Recently, Coinbase secured a regulatory license under the Markets in Crypto-Assets (MiCA) framework, allowing it to offer digital asset services across the European Union, with plans to establish its EU headquarters in Luxembourg.
The company's significant impact on U.S. cryptocurrency regulation includes setting compliance standards and becoming the first cryptocurrency stock in the S&P 500.
During the Coinbase 'State of Crypto' Summit, former U.S. President Donald Trump expressed his support for the company and indicated a commitment to establishing clearer regulations for digital assets.
Positive media coverage and accolades have been linked to increases in Coinbase's stock and trading activity, highlighting its influential role in shaping market dynamics for major cryptocurrencies.
Through partnerships with major retailers and payment systems, Coinbase is promoting the use of cryptocurrencies for everyday transactions, further advancing adoption.
Strong ties with Circle and the increasing use of USDC are expected to bolster Coinbase's growth and institutional strength, with many top publicly traded Bitcoin firms utilizing Coinbase Prime.
Summary based on 10 sources



