币界网报道：Coinbase shares surged 3.6% to reach $237.00 on Tuesday, marking the cryptocurrency exchange's highest closing price since its April 2021 direct listing debut at $381. The rally comes amid renewed investor optimism in crypto assets, with Bitcoin trading above $67,000 and Ethereum near $3,500. Analysts attribute the stock's recent performance to growing institutional adoption, with Coinbase securing multiple partnerships including becoming the primary crypto custody provider for BlackRock's spot Bitcoin ETF. The exchange also reported stronger-than-expected Q4 2023 results, with transaction revenue increasing 83% quarter-over-quarter to $529 million. Despite regulatory challenges including an ongoing SEC lawsuit, Coinbase has seen its stock price nearly triple from its 2023 low of $81. The company continues expanding its global footprint, recently receiving regulatory approval to offer perpetual futures trading to eligible non-U.S. retail customers.