Coinbase Global Inc. is expanding its services by introducing spot crypto trading on its international exchange as part of a global expansion strategy to cater to users with reservations about U.S.-based platforms.
Although Coinbase’s stock has experienced substantial growth this year, currently valued at approximately $140 per share, it is still a long way from its peak at over $300 in 2021.
Coinbase International Expands Offerings
Institutional investors now have the opportunity to trade Bitcoin and Ether against the USDC stablecoin on Coinbase’s international platform. This move is part of the platform’s global expansion strategy, mainly targeting users who may be cautious about U.S.-based venues due to regulatory uncertainties.
We are excited to announce the next phase of our Coinbase International Exchange expansion – the launch of non-US spot markets for eligible customers, designed to address the unique needs and demands of our global user base. pic.twitter.com/JWEChT5BD
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