Coinbase Global IncCOIN
▲ PositiveDemandrelevance
Coinbase launches IPO allocation access for U.S. retail traders, a new product offering starting with Oura's IPO.
Impact on stocks 1
Digital Finance & Tokenization▲ · 1 stocks
Coinbase Global IncTheme Impact 2
Off-coverage companies 1
Oura HealthPrivate± Mixed
relevance
Related news
2
Cathie Wood's Ark Invest Buys $24.7 Million of CoreWeave, Trims Bitcoin ETF
Cathie Wood's Ark Invest added heavily to CoreWeave while cutting several other AI and technology positions last week. Ark bought about 239,000 shares of CoreWeave, the AI cloud infrastructure provider, worth roughly $24.7 million, and also added about $7.25 million of Meta Platforms shares. The purchases came alongside sales of about $5.9 million of Palantir, $10 million of Advanced Micro Devices, $13.1 million of Alphabet and $6.5 million of Shopify. Outside technology, Ark bought about $8.9 million of Ionis Pharmaceuticals and $9.3 million of Guardant Health while cutting $21.8 million of 10x Genomics. Its largest single sale was 1.53 million shares of the ARK 21Shares Bitcoin ETF, worth about $39.8 million, and it also reduced positions in Circle and Coinbase.
Mastercard Joins Ant International and Visa on AI Agent Trust Framework
Mastercard has joined Ant International and Visa in building a common trust framework for AI-powered commerce, an effort known as the Know-Your-Agent approach. The framework is designed to make verified identity signals portable across card networks, digital wallets, agent platforms and online marketplaces, establishing who operates an AI agent, applying shared certification standards and continuously monitoring transactions while leaving final approval decisions with each participant. Mastercard shares slipped approximately 0.1% to $564.54 on the news. No pricing, payment-volume or revenue commitments were disclosed, so adoption will matter more than the announcement itself. At $564.54, Mastercard trades 17.46% below the GF Value estimate of $683.92.
▲
Cathie Wood's ARK Sells $60 Million in Crypto Stocks Days Before SEC Innovation Exemption
Cathie Wood's ARK Invest sold roughly $60 million of crypto-linked equities into last week's regulatory-driven rally, including about $4 million in Bitmine and about $700,000 in Bullish, with the sales spanning Circle, Coinbase, Bitmine and Bullish plus a large slug of ARK's spot bitcoin ETF. Four days after those sales, the SEC unveiled a five-year Innovation Exemption that lets platforms trade tokenized U.S. equities without full exchange registration, and Coinbase jumped again. Coinbase closed at $194.25 on September 18, up 10.84% on the week and 21.25% on the month, but still down 43.39% over the past year, while its Q2 2026 revenue of $1.22 billion fell 18.5% year over year and missed consensus, with a GAAP loss of $1.36 per share against a $0.23 estimate. Coinbase's market share hit an all-time high of 10.3%, services revenue held at $555 million, or 48% of net revenue, and adjusted EBITDA was positive for a 14th consecutive quarter, while Strategy trades as a levered proxy on Bitcoin, which is down 29.03% year over year at $81,820.97, and miner MARA Holdings carries pure Bitcoin beta with none of Coinbase's subscription cushion. Prediction markets price the Clarity Act becoming law in 2026 at just 0.066, with the No outcome at 0.934, and Polymarket assigns a 0.555 probability of Coinbase leading in the U.S. on tokenized equities.