Coinbase's future ambition: Starting from the exchange, heading towards the center of financial infrastructure

avatar
Bitpush
07-07
This article is machine translated
Show original

Halfway through 2025, Coinbase has completed four major acquisitions, from acquiring Deribit for $2.9 billion to acquiring Liquifi. What secrets are hidden behind this wave of "buying"? As we piece together the acquisition puzzle, a strategic blueprint emerges - Coinbase wants to transform from an exchange to an on-chain "financial operating system", creating an Apple-like ecosystem in the crypto world.

Recently, while browsing the news, a message caught my eye: Coinbase announced the acquisition of token management platform Liquifi.

At first, I thought this was just an ordinary industry development, but then I felt something familiar... I quickly reviewed it, and indeed! This is already the fourth important acquisition by Coinbase since entering 2025.

One acquisition might just be a business supplement, but repeatedly "buying" suggests a deeper logic. This sparked my great curiosity. So, I decided to take some time to review Coinbase's shopping list this year and let us glimpse the true strategic intent behind this series of acquisitions.

Spoiler: Coinbase is no longer satisfied with being just a leading cryptocurrency exchange, but wants to build a "financial operating system" serving the entire on-chain world.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments