Coinbase Stock is Booming… Why?

GM 👨‍👩‍👧‍👦

Seedphrase Daily 👋 Happy Friday you animals. Get some sun after you get your daily crypto rundown.

Today’s Agenda 📓:

• 🤝 Coinbase partnership with Blackrock

• 📲 Meta Confirms NFT Rollout and Integration with Coinbase.

• ⏮ Weekly Recap

• 🌎 Want to be part of something BIG?

• 🌱 NewSeeds

First, Your Meme of the Day (As A Treat)

Do you think we'd be caught slacking like this?

🤝 Coinbase Shares Rocketed 31%. Here’s why.

The most powerful investment firm in the US, BlackRock Investment Management, has partnered with Coinbase. Blackrock has $8.5T in assets as of Q2, with their Aladdin investment platform having more than 200 institutional users.

That’s a lot of cheese.

They plan to offer users of its Aladdin platform access to crypto through Coinbase Prime. Coinbase will give BlackRock clients a single entry point to crypto trading, custody, prime brokerage, and reporting services.

“Having a partnership with Aladdin that gives $20 trillion of capital access to crypto is a huge game changer for Coinbase and for the industry.”

-Brett Tejpaul, head of Coinbase institutional.

While average Joes are running away from crypto, the wealthiest tier of America is making HUGE investments in it. Think about that. 🎰

📲 Meta Confirms NFT Rollout and Integration with Coinbase.

Zuckerburg confirmed on a FaceBook post that they would be rolling out NFTs across 100 countries. This will occur after integrating with Coinbase Wallet and Dapper for 3rd party wallet compatibility.

Coinbase is laughing all the way to the bank right now.

The new function will allow Instagram users to show off their NFTs on stories, posts, feeds and attributes and automatically tag the collection's creators.

Coinbase ($COIN) shares went to $106 after they announced all the new partnerships. And since we called it here, it has increased 31%!

Confirmation: Cathie Woods is a buy signal.

⏮ Weekly Recap

Miss out on anything this week?

TicketMaster is Hiring Product Managers for NFT Ticketing. Who needs a new job? 💼

Will we ever see ETH overtake BTC? And Biggie Smalls NFTs. Food for thought. 🍔

Hackers Are Holding Markets Hostage & How to Stay Safe. Gonna be bad before it can be good. ⏳

Michael Saylor Steps Down as Microstrategy CEO to pursue Bitcoin Full-Time. Is this a sell signal? 🧐

Make sure to tune in on Mondays, so you're always in the loop like Lil Baby.

🌎 Want to be a part of something BIG?

Becoming a Seedphrase sponsor will make you part of the world's #1 growing Web3/Crypto Media company.

Don't miss your opportunity to build for the next crypto boom with some crypto nerds; we got cookies too. Like the sound of that?

Fill out this form, and we'll be in contact. 👇

🌱 NewSeeds

Master of Anons: How a crypto Developer Faked a DeFi Ecosystem. The ultimate heist. 💰

Chainalysis Estimates $2B Stolen From Cross Chain Bridge Hacks This Year. Buy a Ledger. 💿

Starbucks teases the Web3 rewards program to attract new customers. Starbucks will be staying. ☕️

Nansen admits to neglecting DeFi plans during the NFT craze. At least they're accountable. 🤷‍♂️

Billionaire Sam Bankman-Fried thinks Solana is the 'most underrated' token. Solana Summer 2023! ☀️

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See you Monday!

Disclaimer: None of this is financial advice. This newsletter is strictly educational and is not investment advice or solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research!