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Coinbase Strikes Marqeta Deal but COIN Loses 3%

Oct 16, 2026 · 12:47 PM ET· updated 59m ago
Coinbase Strikes Marqeta Deal but COIN Loses 3%

Coinbase falls 3% despite partnering with Marqeta to launch stablecoin-backed cards for global businesses using Base.

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Why It Matters

Coinbase made a new partnership to help businesses use digital money cards. Sometimes good news doesn't make a stock price go up right away.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.