The post Coinbase (COIN) shares rise on ‘system update’ as Wall Street cheers appeared on BitcoinEthereumNews.com.

Coinbase (COIN) shares rose as much as 4.6% after the company outlined a roadmap that included equity trading, AI-powered tools, tokenization and stablecoin infrastructure in its end-of-year System Update. The stock rose to as high as $255.41 in early trading Thursday and was priced recently at $249.48 after the Wednesday announcement. J.P. Morgan’s Kenneth Worthington said the event showed Coinbase expanding its reach by introducing more asset classes and tools to keep users engaged. He highlighted the introduction of U.S. equity trading, perpetual equity futures for non-U.S. users, and the Coinbase Advisor product as signals that the company is reshaping its core business. “The Coinbase announcements last night highlighted that it is giving its customers far more products to transact,” he wrote Thursday, adding that the expansion “meaningfully increases” Coinbase’s total addressable market. While revenue details were sparse, Worthington said he sees opportunity in both subscription and transaction-based models. He also noted the rollout of branded stablecoins and Base App expansion as important steps toward long-term engagement. J.P. Morgan rates Coinbase overweight with a $244.19 price target. Read more: Coinbase rolls out stock trading, prediction markets and more in bid to become the ‘Everything Exchange’ Owen Lau, an analysts at Clear Street, came away with a similar view, calling the update a coordinated product expansion that marks Coinbase’s transition from a crypto-only exchange into a broader financial platform. He pointed to the addition of stock trading as a notable shift, especially because the company had previously downplayed the idea. The move may signal future plans to offer tokenized equities, Lau said. The introduction of an AI-powered advisor also stood out. Lau said it could become a valuable tool for simplifying investment decisions and increasing customer retention, especially for less experienced users. He noted that direct deposit features and crypto lending…

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Filed under: News - @ December 19, 2025 2:21 am