Coinbase’s premium is still negative, yet COIN shares surged more than 4% in a single day.
Instead of talking about trading volume, this move is about “Coinbase becoming a foundational crypto financial infrastructure.”
On Base, tokenized stocks went live—fractional shares of Apple, Nvidia, and Meta are directly on-chain, and Aerodrome supported trading that same day. Better Mortgage partnered with Bitcoin for mortgage loans—so you can buy a home without selling your coins. The SEC has sent crypto custody rules to the White House for review, and compliant custodians like Coinbase are the biggest institutional beneficiaries of the regulatory framework.
But note: Coinbase’s premium is still negative, which suggests U.S. retail demand hasn’t returned yet. This looks more like institutions pricing in regulatory benefits early, rather than genuine retail FOMO.
If spot buyers don’t follow through next, will COIN’s “infrastructure premium” turn into yet another high-position stand-in for a Beta-style rally?
Instead of talking about trading volume, this move is about “Coinbase becoming a foundational crypto financial infrastructure.”
On Base, tokenized stocks went live—fractional shares of Apple, Nvidia, and Meta are directly on-chain, and Aerodrome supported trading that same day. Better Mortgage partnered with Bitcoin for mortgage loans—so you can buy a home without selling your coins. The SEC has sent crypto custody rules to the White House for review, and compliant custodians like Coinbase are the biggest institutional beneficiaries of the regulatory framework.
But note: Coinbase’s premium is still negative, which suggests U.S. retail demand hasn’t returned yet. This looks more like institutions pricing in regulatory benefits early, rather than genuine retail FOMO.
If spot buyers don’t follow through next, will COIN’s “infrastructure premium” turn into yet another high-position stand-in for a Beta-style rally?