Coinbase has emerged as a major financial entity, managing $420 billion in customer assets. This positions the company as the 21st-largest bank in the United States by total assets if considered a traditional bank, and the 8th-largest brokerage by assets under management. CEO Brian Armstrong highlighted the company's evolution beyond cryptocurrency trading, emphasizing its role at the intersection of banking, brokerage, and payments. Coinbase's platform facilitates unified financial transactions, including investing, spending, and borrowing, and processed $30 trillion in stablecoin transactions last year. Armstrong envisions a future where crypto-powered financial systems enhance efficiency and economic freedom. The company also plays a key role in the US crypto market, holding 60% of the country's crypto trading volume and serving as custodian for nine of the 12 approved Bitcoin ETFs. Coinbase has expanded globally, securing regulatory approvals in the UK, Argentina, and Europe, and continues to innovate with products like cbBTC and its Base blockchain network. Additionally, the company's stock rose 4%, with Citi raising its price target to $350 and maintaining a BUY rating.