Coinbase’s Inclusion in TIME’s 100 Most Influential Companies Highlights Crypto’s Mainstream Breakthrough

Cryptocurrency adoption is reaching new heights as Coinbase, a leading digital asset exchange, secures a spot on TIME Magazine’s prestigious list of the 100 Most Influential Companies. This recognition underscores the growing legitimacy of cryptocurrencies, marking a significant shift from their speculative origins to institutional acceptance. As financial institutions increasingly embrace blockchain technology, Coinbase’s inclusion signals a pivotal moment for the industry’s mainstream integration.

Coinbase Named Among TIME’s 100 Most Influential Companies, Signaling Crypto’s Mainstream Acceptance

Cryptocurrency adoption is accelerating globally, transitioning from speculative demand to institutional recognition. Coinbase's inclusion in TIME Magazine’s 100 Most Influential Companies list marks a pivotal moment for the industry. The exchange, once emblematic of crypto’s outsider status, now represents the asset class’s growing legitimacy.

Financial institutions are adapting to blockchain technology, while governments shift from warnings to regulatory frameworks. This recognition underscores crypto’s evolution into a consequential financial sector. Market participants should note the timing—such validation often precedes broader investment inflows.

Coinbase Now Belongs With Goldman, JPMorgan, Amex: Industry Experts

Coinbase stock price climbed 5.5% to $375.07, marking their highest level since November 2021 and capping a 43% surge in June—the best performance in the S&P 500 this month. Industry experts now liken Coinbase to established finance firms such as Goldman Sachs, JPMorgan Chase, and American Express.

Coinbase stock has soared in recent weeks. It hit a peak of $382 on June 26 before trimming gains and closing the week at $353, up 0.7% in after-hours trading. Over the past two months, COIN has nearly doubled, with weekly candles moving almost vertically in June. Average daily trading volume surged to 10 million shares this month, up 75% from May levels.

Pro-Ripple attorney John Deaton called Coinbase a 'must-have blue-chip stock,' grouping it with Wall Street giants Goldman Sachs, JPMorgan, and American Express. Deaton argued that Coinbase’s size, market cap, and growing institutional footprint justify its new status. He noted that firms like Goldman and JPMorgan have market caps above $400 billion, while Coinbase now exceeds $100 billion.

Cathie Wood, CEO of ARK Invest, told investors that Bitcoin holders may soon use their crypto as collateral for mortgages via Coinbase. She estimated that roughly 5 million U.S. households hold more than $1 million in bitcoin and could benefit if on-chain assets unlock home financing opportunities.

Webuy Global Shares Surge 100% on Coinbase Commerce Crypto Payments Integration

Webuy Global Ltd.'s stock nearly doubled in pre-market trading after announcing a partnership with Coinbase Commerce to accept cryptocurrency payments, including USDC stablecoin. The Singapore-based travel platform aims to streamline cross-border transactions for its WeTrip brand, which offers premium China tour packages globally.

The integration eliminates foreign exchange hurdles and banking intermediaries, allowing travelers from crypto-friendly markets like the U.S. and Europe to book Asia-bound trips using digital assets. CEO Bin Xue emphasized the strategic advantage of tapping into crypto-native customer segments while reducing payment friction.

This MOVE reflects growing institutional adoption of stablecoins for international commerce, with Coinbase's payment infrastructure serving as the operational backbone. The market responded violently to the news, with WBUY shares jumping from $5.31 to $10.94 within hours.

Robinhood Shares Surge to Record High on Tokenized Stocks and Ethereum L2 Launch

Robinhood Markets Inc. saw its shares climb 11.25% to a historic $92.37 close Monday following its European rollout of tokenized stock trading and an Ethereum-compatible layer-2 network. The rally extends Robinhood's year-to-date gain to 148%, dwarfing its January opening at $39.

The trading platform now enables European users to trade tokenized versions of U.S. equities and ETFs via Arbitrum, with plans to migrate the service to its proprietary ethereum L2 chain. The announcement coincided with CEO Vlad Tenev demonstrating seamless trading of a digital OpenAI share position during a crypto keynote.

Robinhood simultaneously activated Ethereum and Solana staking for European clients—a service gaining regulatory clarity after the SEC recently distanced staking from securities oversight under Chair Gary Gensler's successor. Analysts at Compass Point suggest tokenized equity trading could significantly expand Robinhood's margin profile.

U.S. Supreme Court Allows IRS to Access Coinbase User Data Without Warrants

The U.S. Supreme Court has declined to hear an appeal from Coinbase user James Harper, effectively permitting the IRS to access data from over 14,000 users of the exchange. The decision, issued without explanation, upholds lower court rulings that sided with the tax agency's 2016 summons for customer records.

Legal challenges arguing Fourth Amendment violations were rejected under the third-party doctrine, which states individuals forfeit privacy expectations when sharing data with external services. The ruling reinforces the IRS's broad authority to investigate cryptocurrency tax compliance through centralized exchanges.

Supreme Court Declines to Hear Crypto Privacy Case, Dealing Blow to Coinbase and Advocates

The U.S. Supreme Court has refused to reconsider how Fourth Amendment protections apply to digital financial records, upholding a precedent that allows government access to customer data held by third parties like crypto exchanges. The decision leaves intact the controversial "third-party doctrine," which permits authorities to obtain user information from financial institutions without individual warrants.

Coinbase and privacy advocates had sought to extend 2018's Carpenter ruling—which required warrants for cell phone location data—to cryptocurrency transactions. The court's silence on this matter represents a missed opportunity for the industry to establish stronger privacy safeguards for blockchain-based financial activities.

Legal observers note the ruling maintains the status quo for IRS investigations involving crypto exchanges, potentially chilling effects on user adoption as regulatory scrutiny intensifies. The decision comes amid growing tension between cryptocurrency's decentralized ethos and traditional financial surveillance mechanisms.