Playful illustration of a glowing crypto exchange console surrounded by institutional briefcases, symbolizing Coinbase’s growing adoption.

Coinbase (COIN): The Everything-Exchange That Institutions Keep Swiping Right On

Institutions keep swiping right on Coinbase ($COIN). Moat or mirage? We break down Base, USDC rails, derivatives, and risks—TL;DR included. Coinbase isn’t just an exchange—it’s building the on-chain OS. If the thesis plays out, premium multiples make sense. If not… bring Dramamine.

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