Coinbase’s Stock Soars 42% Year-to-Date due to Policy Victories and Global Growth

One of the leading cryptocurrency exchanges, Coinbase, has recently been named one of the 100 Most Influential Companies of 2025 by TIME magazine, being recognized as a “disruptor” for its significant impact on digital asset markets in the United States and its proactive policy advocacy in Washington. This honor comes after a remarkable 42% increase in Coinbase’s stock price so far this year, rising from approximately $303 to as high as $382 following the Senate’s approval of the GENIUS stablecoin bill on June 17.

TIME magazine highlighted Coinbase’s pivotal role in driving policy efforts within the U.S. capital of Washington D.C. While its influence is not limited to the States, as the exchange recently secured a license permitting it to offer digital asset services throughout the European Union under the MiCA regulatory framework, which was granted by the financial regulator of Luxembourg. It has been revealed that Coinbase intends to establish its European headquarters in Luxembourg, a strategic move that is anticipated to enhance its global presence.

In the foreseeable future, Coinbase aims to acquire authorization from the U.S. Securities and Exchange Commission to provide tokenized equities, a decision that may position it in direct competition with trading platforms such as Robinhood and WeBull in the contest for retail investors. Besides, the recent statements made by former U.S. President Donald Trump at the Coinbase State of Crypto Summit in June have further boosted the company’s prospects. In a video message, Trump emphasized his administration’s commitment to working on a “clear and simple” regulatory framework for the crypto markets to improve America’s influence on the future of cryptocurrency and Bitcoin.

The increasing prominence of Coinbase and its victories in policymaking come at a time when both institutional and retail investors regard the exchange as a pioneer for monitoring the overall health of the cryptocurrency market. Despite its mixed first-quarter financial results, showing a 24% increase in revenue year-over-year to $2 billion but failing to meet analyst projections and declining by 10% from the prior quarter, Coinbase demonstrated growth in various sectors. Transaction revenue soared to $1.26 billion, while its subscription and services section, covering staking and custodial services, grew by 37% to nearly $700 million. This diversification beyond trading activities indicated positive developments. Nonetheless, the company’s net income plummeted by 94% to $66 million as a consequence of marking down its cryptocurrency holdings during market turmoil. Adjusted earnings were reported at $526.6 million, or $1.94 per share, which fell short of the previous year’s figure of $2.53. Operating expenses surged by 51% to $1.3 billion, primarily due to intensified marketing efforts and asset devaluations.