Bybit Report: Reg Tailwinds Boost Coinbase Despite High Valuation

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released a new Bybit TradFi x Crypto Report looking beyond PEs in evaluating the growth potential of Coinbase Global Inc. (NASDAQ: COIN). While the U.S.-based cryptocurrency exchange trades at premium valuations, positive regulatory momentum, institutional acceptance, and Coinbase’s strategic product launches position it for continued top-line expansion. The latest report follows a recent analysis tracking Circle’s ascend, the new stablecoin darling on Wall Street whose initial public offering...

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