Coinbase executives talk with analysts: Firmly laying out DEX, accelerating international expansion

ChainCatcher news, analyst Kunal G stated that during the Coinbase Q1 earnings call, Coinbase executives revealed that the company's long-term strategy focuses on on-chain transactions and international market expansion. CEO Brian Armstrong expects DEX to surpass CEX in trading volume and plans to achieve front-end trading and on-chain settlement through Coinbase Wallet.

The company invests in multiple DEX projects through Coinbase Ventures while maintaining its decentralized attributes. In the face of competition from traditional financial companies, Coinbase believes it will expand market space, and its products like USDC will benefit.

Recently, Coinbase acquired the Deribit options exchange for $10 billion in cash reserves and is advancing its U.S. perpetual contract products. In terms of international markets, it has obtained a license in Argentina and completed regulatory registration in India.