Strategic Initiatives & Partnerships - Coinbase introduced ETH-backed loans in the U S (excluding NY), allowing users to borrow USDC against their Ethereum [1] - Coinbase acquired VECTORDOTFUN, an onchain trading platform built on Solana, to strengthen support for one of crypto's most active ecosystems [1] - Coinbase reincorporated in Texas to align with a regulatory environment that supports innovation and long-term growth [1] - Coinbase partnered with Residency to support the next generation of web3 founders, backing UK-based startups [3] - Coinbase launched Coinbase Business accounts in Singapore and showcased its vision for the future of money at Singapore FinTech Festival [5] Product Expansion & Innovation - Base enabled institutional transfers of J P Morgan's USD deposit token (JPMD), moving commercial banking closer to fully onchain payments [2] - Coinbase expanded DEX trading to Brazil in the Coinbase app, aiming to bring onchain trading to more markets [2] - Coinbase launched daily-interest GBP savings in the UK in partnership with Clear Bank, offering 3 75% AER with FSCS protection [3] - Coinbase launched token sales on Coinbase with Monad, drawing approximately 86 thousand participants from over 70 countries, with $269 million committed [4] - Coinbase introduced cbBTC for Prime clients on Base, enabling 1:1 movement of BTC into a wrapped token for trading and DeFi [5] Ecosystem Development - Base took over EFDevcon in Buenos Aires, spotlighting the growing ecosystem and announced a new Argentine stablecoin [4] - Coinbase hosted Coinbase One Member's Week, offering special rewards, drops, and exclusive discounts [2]