Odaily Planet News: On January 7, Coinbase released its 2025 annual review, summarizing the company's major developments over the past year. The announcement highlighted that Coinbase became the first crypto-native company to be included in the S&P 500 index. Throughout the year, the company completed 10 mergers and acquisitions, with the acquisition of Deribit being disclosed as one of the largest in the history of the crypto industry. In the same year, Coinbase listed a record number of assets, the U.S. Securities and Exchange Commission (SEC) withdrew its related lawsuits against the company, and the regulatory environment in Europe and the United States showed signs of improvement.
In terms of business development, Coinbase launched futures and perpetual contracts, U.S. stock trading, prediction markets, and crypto asset-backed loans in 2025, while integrating DEX trading functionality and obtaining a European Union MiCA license. On the institutional side, its disclosed AUM (assets under custody) reached approximately $300 billion. The Base network achieved Stage 1 decentralization progress, with its stablecoin, payment, and developer ecosystems continuing to expand. Coinbase stated that 2025 is a year focused on delivery and execution, and the company is entering a new phase of development in 2026.