Coinbase Named Presenting Partner for World Team Tennis
World Team Tennis (WTT) has announced Coinbase as the presenting partner for the league's upcoming 47th season.
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Coinbase has launched new 'Agent Controls' for its Coinbase for Agents platform, providing users with tools to manage and secure AI-driven trading activities.
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World Team Tennis (WTT) has announced Coinbase as the presenting partner for the league's upcoming 47th season.
Standard Chartered predicts Arbitrum (ARB), a Layer-2 blockchain for traditional finance asset tokenization, could reach $10 by 2030 from its current $0.20 price, representing a potential 50x gain. The prediction is based on the tokenized asset market expected to grow from $340 billion to $4 trillion by 2030. Arbitrum collects 10% of protocol revenue and has already seen success with Robinhood Chain partnership, generating over $5 million in fees in September alone. However, risks include potential slowdown in tokenization adoption, competition from rivals like Base, and uncertainty about Layer-2 blockchain preference.
The article compares Coinbase Global and Toast as investment options for 2027. Coinbase operates as a crypto exchange with $7.2B in revenue and 17.6% net margin, while Toast provides restaurant software with $6.2B in revenue and 24.1% growth. Toast has a lower valuation (P/E 24.9 vs 53.8) and recently turned profitable. The author recommends Toast, citing skepticism about crypto's intrinsic value and concerns about Coinbase's heavy dependence on Bitcoin and Ethereum price movements.
Coinbase Global, Inc. and several other digital asset firms have filed a letter in support of the Commodity Futures Trading Commission (CFTC) in a lawsuit concerning stock perpetual futures.
Coinbase, Kalshi and Kraken back CFTC authority for U.S. single-stock perpetual futures as rivals argue they should be regulated as swaps.
Analyst firm Keefe, Bruyette & Woods has increased its price target for Coinbase Global, Inc. from $221 to $237.