Coinbase launched stock trading, prediction markets, and wealth management. On Tuesday, I was chatting with a friend about how Coinbase's cost-effectiveness is gradually becoming more apparent: 1. Several points we discussed: Hood lowered its take rate, Coinbase's IPO is complete, Coinbase derivatives trading volume accounts for half of its total trading volume, and US stocks are a pure incremental factor for Coinbase but not for Hood. It also holds a significant portion of its revenue from the stablecoin USDC. 2. The aggressive nature of Coinbase's management has been clearly ignited recently, with frequent moves. The CEO is anxious, but the pace hasn't been disrupted. 3. Hood lacks stablecoins, and Coinbase lacks wealth management. Today's new move by Coinbase fills that gap in wealth management. Could this be considered an anticipation of the CEO's actions?

"A strong VC + a reasonably valued and profitable project + a KOL with investment research capabilities and influence + a Ceex/Dex exchange + an opportunity for retail investors to buy in at a reasonable valuation" - Brother Lion is absolutely right!

Once COIN and the new version are released, the valuation logic will be different. We need to take advantage of this and sell our shares quickly.

Coin has been making frequent moves lately, accelerating its business development.