Coinbase Global Inc. launches Base App, a user-friendly interface on its Ethereum Layer 2 network for accessing dApps and conducting crypto transactions. This move aligns with Coinbase’s goal to onboard more users into the Web3 space, expanding its reach beyond trading and opening new revenue streams.

Coinbase becomes the first U.S.-based exchange to offer a comprehensive super app, integrating wallet, DeFi, NFTs, and payments in one platform. The Base App deepens user engagement in the on-chain ecosystem, driving growth and monetization opportunities for Coinbase outside of its core trading business.

The Base App by Coinbase enhances revenue diversification by offering token swaps, staking, and other in-app services. Integrating with the Base network allows Coinbase to capture sequencer fees and benefit from increasing on-chain activity, reducing reliance on trading volumes for a more resilient revenue model centered on ecosystem expansion.

Robinhood Wallet, part of Robinhood Markets, and Block Inc.’s XYZ Bitcoin Wallet both aim to diversify revenue streams by providing self-custodial crypto access and financial control to users. These initiatives position both companies to capitalize on the growth of Web3 while reducing dependence on traditional trading businesses.

Shares of COIN have gained 69.1% year to date, outperforming the industry average. COIN trades at a higher price-to-earnings ratio than the industry average, with estimates for second-quarter and third-quarter 2025 EPS decreasing slightly. However, revenue estimates for 2025 and 2026 indicate year-over-year increases, positioning COIN for potential growth in the future.

Read more at Nasdaq: Can COIN’s Base App Power Web3 Growth and Revenue Diversification?