Coverage Addition Report: Coinbase Userbase is Highly Engaged

Coinbase Global, Inc. (NASDAQ:COIN)

Coinbase is the largest U.S.-based crypto exchange, recently making its public trading debut via direct listing. The company offers financial services for all types of investors, providing a platform to buy, store, and trade crypto assets. It also provides tech assistance and application support for merchants and developers.

Current Outlook: Leaning Bullish

Key Points

After a major adoption surge captured in Purchase Intent Mentions, Mention volume has plateaued at a
higher level, suggesting retention and continued usage of the platform: +348% YoY, -8% QoQ (90d MA).

Consumer Happiness is stable: 65% positive in the past quarter (+1% YoY).