We could not ask for a better partner to help execute our vision of building a trusted bridge into the Web3 ecosystem.”Why don’t you invite someone on your show that actually gives a different perspective than bowing down to a transient regulator overstepping the boundaries of his jurisdiction.- John E Deaton (210K Followers Beware Imposters) July 27, 2022
With more than 100 million verified users and 14,500 institutional clients, Coinbase has spent more than a decade building industry-leading products on top of blockchain technology. “We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers. Sign-up for the Invezz newsletter, today.ĬOIN stock rallies pre-market after Google deal Google shares are down more than 32% YTD.Īccordingly, the Coinbase shares had gained by more than $2.85 on the day as stock markets neared opening, with the gains coming on the back of crypto news relating to the crypto exchange and global tech giant Google.Īre you looking for fast-news, hot-tips and market analysis? The crypto exchange’s ecommerce platform also supports major stablecoins including USDC and USDT.Ĭoinbase’s stock remains more than 73% down year-to-date, with the crypto stock trading largely in tandem with the crypto market. When it goes live, the system will see the clients access digital assets like Bitcoin, Ethereum, Dogecoin and Shiba Inu to pay for services. We could not ask for a better partner to help execute our vision of building a trusted bridge into the Web3 ecosystem."Ĭoinbase Commerce, which supports multiple cryptocurrencies, will power the payment option, broadening the payment methods available to Google Cloud customers. "We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers. With this collaboration, Coinbase will adopt Google Cloud as its strategic cloud service provider as well as leverage the tech giant’s data and analytics technologies to help drive crypto and Web3 adoption.Ĭommenting on the partnership, Coinbase co-founder and CEO Brian Armstrong said: The crypto payment support will start in 2023, the companies said in a press release. On Tuesday, the two firms announced that they had struck a partnership that would see Google allow a selection of its customers to pay for its cloud services with cryptocurrency.
COIN stock rallies pre-market after Google deal COIN was trading around $68.07 at the time of writing, about 4.23%.Īccordingly, the Coinbase shares had gained by more than $2.85 on the day as stock markets neared opening, with the gains coming on the back of crypto news relating to the crypto exchange and global tech giant Google. Coinbase ( NASDAQ: COIN) jumped nearly 4% in pre-market trading on Tuesday to hit prices of $69.88.
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