Coinbase in 2025: Inclusion in the S&P 500, completion of the largest acquisition in history, and accelerated global compliance and product expansion.
TL;DR
Coinbase achieved major milestones in 2025, including S&P 500 inclusion, record acquisitions like Deribit, and global expansion with new products and regulatory approvals, marking a transformative year.
On January 7th, Coinbase officially reviewed its key achievements in 2025: the company became the first crypto-native company to be included in the S&P 500 index; it completed 10 acquisitions throughout the year, including the acquisition of Deribit, which set a record for the largest acquisition in crypto industry history. Coinbase also saw a record number of new asset listings in the same year, the SEC withdrew its lawsuit, and the regulatory environment in Europe and the United States improved significantly.
On the business front, Coinbase launched futures and perpetual contracts, US stock trading and prediction markets, crypto lending, integrated DEX trading, and obtained the EU MiCA license; its institutional custody reached $300 billion. The Base network achieved Stage 1 decentralization, and its stablecoin, payments, and developer ecosystems continued to expand. Coinbase stated that 2025 was a "year of intensive delivery," and it will move into a new phase in 2026.