What do Coinbase’s Q2 earnings reveal about its crypto-native strategies? TOP LINE TAKEAWAY: Coinbase is starting to see some fruits from its onchain bets. - DeFi-backed loans have surpassed $1B in open loan collateral (BTC) - One-click staking led to new highs in ETH and SOL units staked - 700,000 on the waitlist for its beta-mode Base App
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