Coinbase Soars in 2023 with Base Launch and $114B in Assets
• Coinbase holds $114B in assets, 80% more than the $117B total value locked in DeFi • Coinbase grew in 2023 due to launching Layer 2 chain Base, now 4th biggest L2 at $637M TVL • Coinbase share price up 47% this month to new 2023 high of $186, 460% YTD growth • Price indicators showing bullish momentum, which may cool heading into 2024 before the January rally • Bullish year for Coinbase with no regulatory issues, hacks, or exploits impacting the company