TIME has named Coinbase one of 2025’s 100 Most Influential Companies, highlighting the crypto exchange as a “disruptor” for its aggressive policy advocacy in Washington and growing impact on US digital asset markets.
The recognition follows a sharp 42% year-to-date surge in Coinbase’s stock, which climbed from around $303 to a high of $382 after the Senate passed the GENIUS stablecoin bill on June 17.
Coinbase’s influence extends beyond the US. On June 20, the exchange secured a license to provide digital asset services across the European Union under the MiCA regulatory framework, granted by Luxembourg’s financial regulator. Coinbase will establish its EU headquarters in Luxembourg, a move expected to strengthen its global footprint.
With more industry-friendly legislation on the horizon, the publication said Coinbase could cement its role as the central hub for US crypto trading.
While transaction revenue grew to $1.26 billion, its subscription and services division—covering staking and custodial offerings, rose 37% to nearly $700 million, reflecting growing diversification beyond trading. Adjusted earnings stood at $526.6 million, or $1.94 per share, still below last year’s figure of $2.53. Operating expenses surged 51% to $1.3 billion due to aggressive marketing and asset write-downs.
Coinbase reported mixed first-quarter results, with revenue rising 24% year-over-year to $2 billion, but falling short of analyst expectations and down 10% from the previous quarter.