Coinbase releases its 2025 year-end review: Included in the S&P 500, acquired 10 companies, launched stock and prediction markets.

Coinbase completed the most acquisitions in its history with 10, including Deribit, Liquifi, and Echo, building a full-stack crypto platform; its assets under custody reached $300 billion. The SEC has voluntarily dropped its lawsuit against Coinbase. Coinbase Ventures invested in over 600 projects throughout the year.