币界网报道：Bybit's latest TradFi x Crypto report highlights Coinbase's strong performance despite its premium valuation, driven by regulatory tailwinds in the crypto sector. The report notes that Coinbase's stock has outperformed traditional financial institutions, benefiting from clearer U.S. regulatory frameworks and growing institutional adoption. Bybit analysts attribute this trend to increasing investor confidence in compliant crypto platforms, positioning Coinbase as a key beneficiary. The exchange's strategic focus on regulatory compliance and institutional services has strengthened its market position, even as competitors face tighter scrutiny. The findings underscore the shifting dynamics between traditional finance and crypto markets amid evolving regulations.