Wall Street loves a growth story, and right now Coinbase Global (COIN) is writing one of the more interesting ones in finance. As one of the largest cryptocurrency platforms globally, Coinbase aims to diversify its revenue base and expand into other business segments.
Valued at a market cap of $53 billion, COIN stock is up 23% in the last three months. Despite the recent uptick, it is down more than 40% from 52-week highs. Coinbase executives have spent the past two weeks laying out a vision that stretches far past spot trading, and they are backing it up with numbers that are hard to ignore.
