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Coinbase Broadens Reach With New Token Platform and UK Expansion

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Key Takeaways

  • Coinbase unveiled an end-to-end token sales platform for issuers and retail investors.
  • The company launched a 3.75% AER UK savings account through a ClearBank partnership.
  • Coinbase canceled its BVNK acquisition but stays focused on global USDC adoption.

Recently, Coinbase Global (COIN - Free Report) pursued a few strategic moves like launching a digital token sales platform, introducing a regulated UK savings account, and calling off its planned BVNK acquisition. These moves mark prudent approaches toward growth as well as diversification.

COIN has launched an end-to-end token sales platform for both issuers and users. It allows investors to participate in new token launches before listing. Coinbase is also providing access for the retail community. The first token sale will be hosted on Nov. 17, with one token sale per month. While this opens another revenue stream by enhancing trading volume, it also underscores COIN’s continued effort to introduce digital assets.

In its continued efforts to bring crypto and traditional banking closer, that too in the global arena, COIN is introducing a new savings account that offers 3.75% AER variable interest in the United Kingdom. COIN has partnered with ClearBank for the same. COIN has been continuously collaborating with banks to bridge the gap between crypto and traditional banking. Partnerships with PNC Bank and Citi reflect the same. This also marks COIN’s move for international expansion.

In a separate development, COIN called off the BVNK acquisition. Had it materialized, it could have been the largest stablecoin-related deal. Coinbase has an ambitious target of making USDC the number one stablecoin over the next few years, something its CEO has called its “Stretch Goal.” Nonetheless, COIN stays focused on global adoption of USDC and thus makes strategic partnerships and collaborations. 

Such strategic endeavors underscore the company’s efforts to build Coinbase as the industry’s premier “everything exchange.”

What About COIN’s Peers?

Robinhood Market (HOOD - Free Report) continues to diversify its product base to acquire new clients and gain market share. In August, Robinhood announced the launch of pro and college football prediction markets. In June 2025, the company launched tokenized stocks in the EU to cater to rising demand for cryptocurrency. 

Circle Internet Group (CRCL - Free Report) has launched Arc, a Layer-1 blockchain designed for capital markets, payments and FX using USDC by year-end. This initiative seeks to broaden USDC’s applications, enhance mainstream adoption and drive sustainable long-term revenue growth.

COIN’s Price Performance

Shares of COIN have gained 22.4% year to date, outperforming the industry, sector and Zacks S&P 500 composite.     

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COIN’s Expensive Valuation

COIN trades at a price-to-earnings value ratio of 49.85, above the industry average of 23.76. It carries a Value Score of F.

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Estimate Movement for COIN

The Zacks Consensus Estimate for COIN’s fourth-quarter 2025 EPS has moved 1 cent north, while that for first-quarter 2026 EPS has moved 3 cents south in the past 30 days. The consensus estimate for full-year 2025 and 2026 EPS has moved 13.4% and 0.7% north, respectively, in the past 30 days.

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The consensus estimates for COIN’s 2025 and 2026 revenues indicate year-over-year increases. Though the consensus estimate for COIN’s 2025 EPS indicates an increase, the same for 2026 indicates a decline. 

COIN stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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