Keyword → Cryptocurrency Exchange

Coinbase Surges 16% Despite Earnings Miss as $1 Billion Share Buyback Signals Confidence

Coinbase Global rallied 16.4% on Friday following fourth quarter results that missed revenue estimates but showcased $3.07 billion in free cash flow and completion of a $1 billion share buyback program. The cryptocurrency exchange's transformation into a diversified financial infrastructure platform attracted renewed institutional buying led by Cathie Wood's ARK Invest, which purchased $15.2 million in shares.

LBank xStock Tokenized Trading Volume Surges Past $3 Billion, Cementing Market Position

LBank, a Singapore-based cryptocurrency exchange, reported that its xStock tokenized spot trading volume has exceeded $3 billion, capturing a leading share of the centralized exchange market and highlighting growing institutional and retail participation in tokenized equity trading. The milestone reflects accelerating adoption of digital asset platforms bridging traditional equities with blockchain-based trading infrastructure.