COIN Share Rally: Coinbase Global (NASDAQ: COIN) shares jumped nearly 10% on Oct. 24, 2025, closing around $354.46 [1] after hitting intraday highs as digital assets rallied.
Crypto Market Spike: Bitcoin briefly topped $112,000 and Ethereum reclaimed ~$4,000 amid soft inflation data [2][3], fueling broad crypto-market enthusiasm.
Major Acquisition: Coinbase announced it would acquire on-chain fundraising platform Echo in a $375 million deal [4], bolstering its services for crypto project fundraising.
New Payment Platform: The company launched a “Payments MCP” product to let AI-driven applications manage on-chain wallets and stablecoin payments [5], aiming to become a leader in crypto payment rails.
