Coinbase 股票：分析師表示，除了交易所費用之外，還有看漲的賭注

加密貨幣分析師 Will Clemente 將 Coinbase 的股票 (COIN) 比喻為創投式的機會，讓人聯想到早期階段的特斯拉。他強調了 Coinbase 向「加密貨幣超級應用程式」的演變及其在交易服務之外的擴展，包括推出 Base，這是一個以太坊第 2 層網絡，可透過排序器費用產生大量收入。儘管最近市場波動，克萊門特相信 Coinbase 尚未開發的收入來源為投資者提供了巨大的長期潛力。

Coinbase Stock: A Compelling Investment Opportunity Beyond Exchange Fees

Coinbase 股票：超越交易所費用的極具吸引力的投資機會

Cryptocurrency analyst Will Clemente has drawn parallels between Coinbase's stock and Tesla's early days, highlighting the former's vast revenue-generating potential beyond its cryptocurrency exchange services.

加密貨幣分析師 Will Clemente 將 Coinbase 的股票與特斯拉的早期發展進行了比較，強調前者除了加密貨幣交易服務之外還具有巨大的創收潛力。

Clemente posits that Coinbase is transforming into a "Crypto Super App," expanding its offerings to encompass a wider range of products and services. One such endeavor is Base, a Layer 2 network for Ethereum, which has emerged as a major revenue stream for the company through its sequencer fees.

Clemente 認為 Coinbase 正在轉變為“加密超級應用”，擴大其產品範圍以涵蓋更廣泛的產品和服務。其中一項努力是 Base，這是以太坊的第 2 層網絡，它已通過排序器費用成為該公司的主要收入來源。

Despite its nascent existence, Base Network has already amassed a significant total value locked (TVL) of $5.35 billion, translating to an estimated annual revenue of $360 million based on prevailing transaction volumes. This revenue source, often overlooked by traditional investors, represents a substantial untapped potential for Coinbase.

儘管剛成立，Base Network 已累積了 53.5 億美元的總鎖定價值 (TVL)，根據當前交易量計算，預計年收入為 3.6 億美元。這個經常被傳統投資者忽視的收入來源，代表 Coinbase 尚未開發的巨大潛力。

While Coinbase's stock price has recently declined in tandem with broader market volatility, Clemente remains steadfast in his bullish outlook. He attributes the decline to the heightened uncertainty stemming from macroeconomic conditions and geopolitical tensions.

儘管 Coinbase 的股價最近隨著更廣泛的市場波動而下跌，但克萊門特仍然堅定其看漲前景。他將下降歸因於宏觀經濟狀況和地緣政治緊張局勢帶來的不確定性加劇。

Notably, ARK Invest, led by the renowned Cathie Wood, has been reducing its Coinbase holdings, divesting 3,689 shares in recent transactions. This trend, however, should not overshadow Coinbase's strong performance earlier in the year before the recent downturn.

值得注意的是，由著名的 Cathie Wood 領導的 ARK Invest 一直在減少其 Coinbase 持股，在最近的交易中剝離了 3,689 股。然而，這一趨勢不應掩蓋 Coinbase 在近期經濟低迷前一年稍早的強勁表現。

Clemente asserts that the recent dip in Coinbase's stock price presents a compelling entry point for long-term investors who recognize the company's untapped revenue streams and long-term growth trajectory.

Clemente 斷言，Coinbase 股價最近的下跌為長期投資者提供了一個引人注目的切入點，他們認識到該公司尚未開發的收入來源和長期成長軌跡。

Coinbase's Path to Revenue Diversification

Coinbase 的收入多元化之路

Coinbase's metamorphosis into a "Crypto Super App" hinges on its ability to expand its revenue streams beyond exchange fees. The company has made significant strides in this regard, introducing a suite of products and services that cater to a wide range of customer needs.

Coinbase 變身為「加密貨幣超級應用程式」取決於其將收入來源擴展到交易所費用之外的能力。該公司在這方面取得了重大進展，推出了一系列產品和服務來滿足廣泛的客戶需求。

These offerings include:

這些產品包括：

• Custody and prime brokerage services: Coinbase provides secure storage and trading solutions for institutional investors and high-net-worth individuals.
• Venture Capital and Investments: Coinbase Ventures invests in promising blockchain startups, leveraging its expertise and network to identify and support emerging technologies and companies.
• Analytics and Data Products: Coinbase Insights offers a range of data and analytics tools to empower investors with deep insights into the cryptocurrency market.
• Developer Tools: Coinbase Cloud provides developers with the infrastructure and tools they need to build and deploy blockchain applications.
• Payment Processing: Coinbase Commerce allows businesses to accept cryptocurrency payments, expanding the utility and accessibility of digital assets.

Sustainable Revenue Growth and Long-Term Potential

託管和大宗經紀服務：Coinbase 為機構投資者和高淨值人士提供安全儲存和交易解決方案。新興技術和公司分析和數據產品：Coinbase Insights 提供一系列數據和分析工具，使投資者能夠深入了解加密貨幣市場。基礎設施和工具。

Coinbase's revenue diversification strategy is poised to drive sustainable growth for the company in the coming years. The company's portfolio of products and services addresses the needs of a growing and increasingly diverse user base, from retail investors to institutional clients and developers.

Coinbase 的營收多元化策略預計將在未來幾年推動公司的永續成長。該公司的產品和服務組合滿足了從散戶投資者到機構客戶和開發商等不斷增長且日益多樣化的用戶群的需求。

As the cryptocurrency industry matures and adoption accelerates, Coinbase is well-positioned to capture a significant share of the growing market. The company's strong brand recognition, established customer base, and commitment to innovation make it a formidable competitor in the rapidly evolving digital asset landscape.

隨著加密貨幣行業的成熟和採用的加速，Coinbase 已處於有利地位，可以在不斷增長的市場中佔據重要份額。該公司強大的品牌知名度、成熟的客戶群以及對創新的承諾使其成為快速發展的數位資產領域中的強大競爭對手。

Clemente's comparison of Coinbase's stock to Tesla in its early days is apt. Both companies have demonstrated a clear vision for the future of their respective industries and have the potential to transform the way we interact with technology and financial services.

克萊門特將 Coinbase 的股票與早期的特斯拉進行了比較。兩家公司都對各自行業的未來展現了清晰的願景，並有潛力改變我們與科技和金融服務互動的方式。

Conclusion

結論

While the recent market volatility has weighed on Coinbase's stock price, the company's long-term fundamentals remain strong. Its expanding revenue streams, commitment to innovation, and growing customer base point to a promising future for Coinbase. For investors seeking exposure to the burgeoning cryptocurrency industry, Coinbase's stock presents a compelling opportunity with the potential for significant returns over the long term.

儘管近期市場波動令 Coinbase 股價承壓，但該公司的長期基本面依然強勁。其不斷擴大的收入來源、對創新的承諾以及不斷增長的客戶群都預示著 Coinbase 充滿希望的未來。對於尋求投資新興加密貨幣產業的投資者來說，Coinbase 的股票提供了一個極具吸引力的機會，具有長期可觀回報的潛力。