Coinbase 的 NFT 推動預計將推動年收入成長

Needham 股票研究分析師 John Todaro 預測，Coinbase 的非同質代幣 (NFT) 部門可能會額外產生 12.6 億美元的年收入。 Todaro 表示，Coinbase 的 NFT 平台可能會收取與競爭對手類似的費用，且交易量高達 35 億美元，從而帶來大幅收入成長。儘管面臨來自 OpenSea 的競爭，Coinbase 龐大的客戶群和預期的低費用可能會提供優勢。

Coinbase's NFT Segment Poised to Significantly Boost Annual Revenue, Needham Predicts

Needham 預測 Coinbase 的 NFT 領域將顯著提高年收入

In a bullish forecast, Needham equity research analyst John Todaro has projected that cryptocurrency exchange Coinbase's non-fungible token (NFT) segment could add over $1.26 billion to its annual revenue.

Needham 股票研究分析師 John Todaro 做出了樂觀的預測，預計加密貨幣交易所 Coinbase 的非同質代幣 (NFT) 部門的年收入可能會增加超過 12.6 億美元。

Despite its NFT marketplace remaining in development, Coinbase has amassed a waitlist of over one million customers, indicating a substantial market demand. While OpenSea holds a first-mover advantage in the NFT space, Coinbase aims to capitalize on its established user base and trust.

儘管 NFT 市場仍在開發中，但 Coinbase 已經累積了超過 100 萬名客戶的候補名單，這表明市場需求龐大。雖然 OpenSea 在 NFT 領域擁有先發優勢，但 Coinbase 的目標是利用其已建立的使用者基礎和信任。

In his base case scenario, Todaro estimates that Coinbase's NFT platform could generate fees comparable to competitors (2.5%), achieve a trading volume of $1.5 billion, and contribute $450 million in annual revenue. However, in a more optimistic scenario, Coinbase could increase fees to 3% and witness trading volume of $3.5 billion, resulting in an additional $1.26 billion in revenue.

在他的基本案例中，Todaro 估計 Coinbase 的 NFT 平台可以產生與競爭對手相當的費用（2.5%），實現 15 億美元的交易量，並貢獻 4.5 億美元的年收入。然而，在更樂觀的情況下，Coinbase 可能會將費用提高至 3%，交易量將達到 35 億美元，從而帶來 12.6 億美元的額外收入。

For context, Coinbase reported total revenue of $7.4 billion in 2021. The potential revenue influx from NFTs would represent a significant percentage of its overall earnings.

就背景而言，Coinbase 報告 2021 年總收入為 74 億美元。來自 NFT 的潛在收入流入將佔其總收入的很大一部分。

Based on his projections, Todaro reiterates his "buy" recommendation for Coinbase, setting a price target of $360, more than double its current share price. He highlights Coinbase's strong brand recognition, regulatory compliance, and customer base as key factors driving his bullish outlook.

根據他的預測，Todaro 重申了他對 Coinbase 的「買入」建議，將目標價設定為 360 美元，是目前股價的兩倍多。他強調 Coinbase 強大的品牌認知度、監管合規性和客戶群是推動他看漲前景的關鍵因素。

The NFT market has experienced exponential growth in recent years, with high-profile acquisitions and record-breaking sales dominating headlines. Coinbase's entry into this space positions it to capitalize on the burgeoning NFT industry and unlock substantial new revenue streams.

近年來，NFT 市場經歷了指數級增長，引人注目的收購和破紀錄的銷售佔據了頭條新聞。 Coinbase 進入這一領域使其能夠利用新興的 NFT 行業並釋放大量新的收入來源。

While the launch date of Coinbase's NFT marketplace remains uncertain, the company's plans to enter the market have generated significant anticipation. With a captive user base and a solid reputation for security and reliability, Coinbase is well-positioned to become a major player in the NFT ecosystem.

儘管 Coinbase 的 NFT 市場的推出日期仍不確定，但該公司進入該市場的計劃引起了人們的強烈期待。憑藉穩固的用戶基礎以及在安全性和可靠性方面的良好聲譽，Coinbase 完全有能力成為 NFT 生態系統的主要參與者。

Todaro's analysis underscores the growing importance of NFTs within the broader cryptocurrency landscape and provides a compelling rationale for investors to consider Coinbase as a potential growth opportunity. The company's foray into NFTs is a strategic move that could materially enhance its revenue generation capabilities and drive long-term shareholder value.

Todaro 的分析強調了 NFT 在更廣泛的加密貨幣領域中日益增長的重要性，並為投資者將 Coinbase 視為潛在成長機會提供了令人信服的理由。該公司進軍 NFT 是一項策略性舉措，可大幅增強其創收能力並推動長期股東價值。