Share Coinbase increases 12% after obtaining European MICA license

The shares of Coinbase (Nasdaq: COIN) Reden by 12% on Tuesday during a new bullish session on Wall Street. The shares rose after Iran and Israel reached a ceasefire in the Middle East. As President Trump suggested, the agreement started last night and both parties hope for a new era of Vrede in the region.

All three most important averages rose during the session and rose by more than 1.0% against the final bell. The technology-heavy Nasdaq took the lead with an increase of 1.4% thanks to strong performance of Coinbase, NVIDIA (Nasdaq: NVDA) en Meta Platforms (NASDAQ: META). The Coinbase share has risen sharply in value since the addition to the S&P 500 index in May. The shares of the company increased by 34% in 2025.

Coinbase obtains a mica license

Coinbase received an extra impulse on Tuesday after the Luxembourg financial supervisor had approved an MICA license. The company is the first crypto fair to receive this license in the European Union and will considerably expand its presence on the continent. The MICA license enables Coinbase to offer services to all 27 countries of the European Union under the new EU crypto regulations.

The company has also benefited from the recent IPO of Circle (NYSE: CrCl), the provider of the second largest Stablecoin in the world, USDC. Coinbase receives approximately 50% of the income from the earned return from USDC, so when users use or strike users, generate both Circle and Coinbase income. The shares of Circle have risen sharply since the IPO in June. The share has already increased by more than 500% compared to the IPO price of $ 31 per share. Although Circle was in the red on Tuesday, it closed the day with a course of $ 222 per share.

Coinbase positions itself as the American and global leader in the crypto industry. De Exchange is in third place in the world in terms of crypto trading volume, after Binance in Bybit. The expansion of Coinbase to Europe will undoubtedly contribute to that volume, and with sufficient acceptance it could easily surpass Bybit.

Coinbase is also waiting for the SEC approval to offer tokenized stock trade on its platform. The application is still assessed by the SEC. The Ark Invest funds of Cathie Wood have bought Coinbase shares, even during this monster rally. Ark has almost $ 160 million in coinbase shares and the position has grown to almost 8.0% of the total portfolio of the fund.