• 34ºc, Sunny

Four of Coinbase's bonds have seen net buying since early 2025

According to the latest data from data solutions provider BondCliQ Inc., the performance of a Coinbase convertible bond also echoes the rally in the crypto trading platform's stock. Coinbase's 0.25% bond (with a maturity date of April 1, 2030), has risen sharply in price since Trump's election victory in November. After a correction earlier this year, the bond's price has risen again in recent weeks. Coinbase's stock has gained 39.5% since November 5, 2024 and 92.8% over the past 12 months. Coinbase's four bonds have also seen net buying since the beginning of 2025. Coinbase is one of what MarketWatch calls the "MAG Big Seven" stocks, and analysts believe that Coinbase, like Robinhood and Strategy, will be a beneficiary of the Trump administration's support for cryptocurrencies.