Coinbase has been selected as one of Time Magazine's 100 Most Influential Companies of 2025

2025-06-29 08:19:57
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ChainCatcher News, Time Magazine has released its list of the "100 Most Influential Companies in the World" for 2025, and Coinbase has successfully made the cut. Time wrote: "Since last fall, Coinbase, the largest cryptocurrency exchange in the United States, has seen its revenue soar to over $2 billion. Fueled by the surge of enthusiasm for cryptocurrencies following President Trump's election victory, traders and investors have flocked to the platform. During that election, Coinbase led a massive lobbying effort to help make cryptocurrency a voting issue.

Today, the company became the first cryptocurrency stock to be included in the S&P 500 index in May and has become a key driver of cryptocurrency industry policy efforts in Washington, D.C. If legislation favorable to the industry is passed, Coinbase will become a larger hub for cryptocurrency activity in the United States. However, Coinbase is not without its issues: prominent blockchain investigators have accused Coinbase of failing to address security vulnerabilities, resulting in users losing hundreds of millions of dollars each year due to scams.

Reports indicate that the U.S. Securities and Exchange Commission (SEC) is investigating whether the company has overstated its user numbers in past disclosures. Nevertheless, Coinbase continues to seek expansion and spent $2.9 billion in May to acquire the Dubai-based cryptocurrency derivatives exchange Deribit."

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