CandleFocus

Coinbase projected will flip Schwab as most valuable brokerage

Coinbase is projected to become the world's most valuable brokerage, surpassing Charles Schwab, with its shares predicted to double to $700 next year. The collaboration between Coinbase and USDC has generated millions in revenue and is expected to continue rising. Additionally, the new Layer 2 network, Base, built on Ethereum, has become a leader in transactions and total value lock. Staking and custody services are also promising for Coinbase's future, with projected revenues in the billions. Charles Schwab has entered the crypto market due to emerging digital assets. Coinbase has been forming partnerships with various companies, including Apple Pay, to integrate their services and simplify transactions. The company also expects better regulations for stablecoins in the coming year.

Related News