is coinbase a stock or crypto

The coinbase debate has long been hotly debated among cryptocurrency enthusiasts, but the truth is often quite complex. As a stock, coinbase has been valued at $32.5 billion in 2021, with a market capitalization of $41.1 billion. However, as a cryptocurrency, it has not been valued at all. Coinbase has primarily been used as a platform for other cryptocurrencies to exchange for physical goods, such as gold or silver. Despite its inability to generate earnings from the sale of physical goods, coinbase has been able to generate billions of dollars in fees from its users. In this article, we will explore the nature of coinbase and why it is both a stock and a crypto.