Coinbase's Talks With TradFi Firms Intensify Amid Bipartisan Crypto Interest, $COIN

Coinbase's discussions with traditional financial institutions are intensifying as interest in digital assets grows among both Republicans and Democrats. A Coinbase executive revealed that more financial institutions are becoming comfortable with crypto, reflecting a bipartisan trend. This development comes as the digital asset industry increases its financial contributions to political races across the country, though the term 'crypto' is seldom mentioned in advertisements. Meanwhile, the tech industry, including the crypto sector, has emerged as a significant corporate donor, using its financial power to influence political outcomes. Coinbase's stock, $COIN, is also being closely watched.