This Friday, shares in the US cryptocurrency Exchange Coinbase achieved a new record for the first time since the company’s initial public offering (IPO) held in early 2021.
The stock reached a new high of $433 earlier than today, with its market capitalization rising to nearly $110 billion.
Coinbase’s previous record high of $429, which reached the peak of the IPO frenzy in April 2021, has not been touched in more than four years.
The company has been on a roller coaster ride for the past few years. During the FTX-induced market crash in late 2022, coin stock collapsed at its current lows.
Coinbase Stocks shed tears in 2025 due to a major regulatory breakthrough and its highly anticipated S&P 500 inclusion.