July was a busy month. Here’s what happened @Coinbase: • Perpetual futures went live in the U.S. • Released our Q2 earnings, with $1.5B total revenue. • Major positive regulatory progress in the U.S. - the GENIUS Act is now law, and CLARITY is on the way to the Senate. @standwithcrypto advocates sent 120k emails to policy makers in support of these bills. • Announced the everything exchange - millions of assets, derivatives, tokenized equities, and a lot more, all in one place, onchain. • Launched the new @baseapp, and we’re up to 700k people on the waitlist. • Made @base chain 10x faster with Flashblocks. Block times reduced to just 200ms. • Bitcoin-backed loans crossed $1B in collateral on Coinbase, powered by @MorphoLabs. • Partnered with @PNCBank to give their clients a way to buy, sell and hold crypto from their PNC accounts. Over 240 businesses are now using our Crypto-as-a-Service capabilities to power their custody, trading, and payments needs, including Blackrock, PNC, Stripe, and Paypal. • Launched a $5M bug bounty on @cantinaxyz, focused on onchain products and @base smart contracts. • Acquired @liquifi_finance, the leading token management platform for early-stage teams building onchain. • Teamed up with @Chase to accelerate crypto adoption. Coming soon: use Chase credit cards on Coinbase, redeem rewards points, and directly link Chase accounts to Coinbase. • Started rolling out @Samsung Pay as a way to buy crypto or fund your account, starting in the U.S. and Canada. • Partnered with @perplexity_ai to help traders get access to real-time trusted crypto data and information for better decision making. • Released onramp API via @CoinbaseDev, letting developers build a customized fiat-to-crypto experience into apps without pop-ups, redirects, or account logins. • Upgraded the $USDC experience for institutional clients on Coinbase Prime and Coinbase Exchange. @CoinbaseInsto users can earn up to 4.1% in USDC rewards and rebates. • Welcomed the @opyn_ leadership team to help us build the future of finance onchain.