
Coinbase Global, Inc (NASDAQ:COIN) was trading higher on Wednesday morning, up 1.35% at $224.99, after closing Tuesday’s session down 3.49% lower amid market weakness in both the SPDR S&P 500 (NYSE:SPY) and the cryptocurrency sector.
On Tuesday, Coinbase and Mastercard Incorporated (NYSE:MA) announced a partnership that will allow Coinbase customers to use their Mastercard credit and debit cards to purchase non-fungible tokens on the crypto exchange’s upcoming NFT marketplace.