Coinbase may welcome a wealthy family to marry, and it is currently in line with the conditions to become the acquisition target.

Reprinted from panewslab
03/08/2025·2MPANews March 8 news, according to Barrons, Coinbase has the conditions to become the acquisition target. If it can be merged with traditional exchanges, it will be able to build a company with both professional knowledge and industry influence, and thus dominate the current fragmented cryptocurrency market. Coinbase's current P/E ratio is about 22 times, with a total market value of about $52 billion, but the ability of large-scale U.S. exchanges make this deal come true.
The New York Stock Exchange's parent company, InterContinental Exchange (ICE), has a market value of up to $100 billion and a price-to-earnings ratio of 36 times. Kelly Loeffler, the wife of its CEO Jeffrey Sprecher, is a member of the Trump administration's cabinet. The global futures trading giant Chicago Commodity Exchange Group has a market value of US$93 billion and a price-to-earnings ratio of 26 times. The Nasdaq Exchange is known for its technical strength and global network, with a market value of US$47 billion and a price-to-earnings ratio of 41 times. If it can cooperate with major U.S. exchanges, Coinbase will be able to open the door to power and markets, and these resources may remain out of reach for it at the moment. Large investors may push a top exchange to acquire Coinbase, and the new company will be able to maximize returns on investment as cryptocurrencies gradually move from financial frontiers to mainstream.