Coinbase Poised for Growth as Crypto Goes Mainstream

Coinbase is the "Amazon of crypto" - a leading "on-ramp" into the crypto asset class. If people want exposure to crypto payments, remittances, tokenization, etc. Coinbase will be involved.

Coinbase is evolving beyond just a crypto exchange into areas like staking, subscriptions, services, and its own blockchain. These could grow revenues faster than the exchange business.

There could be $220B of inflows into crypto ETFs over 3 years, driving further crypto adoption and Coinbase volumes.

Coinbase trading volumes were up over 100% in Q1 2022 vs Q4 2021 due to rising interest in crypto.

Coinbase stock still has upside from the evolution of crypto as an asset class and Coinbase's business model evolving along with it.