PANews reported on March 8 that according to Barrons, Coinbase has the conditions to become an acquisition target. If it can merge with a traditional exchange, it will be able to create a company with both expertise and industry influence, thereby dominating the current fragmented cryptocurrency market. Currently, Coinbase's price-to-earnings ratio is about 22 times, and its total market value is about US$52 billion. However, large US exchanges have the ability to make this deal come true.

The Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has a market value of $100 billion and a price-to-earnings ratio of 36 times. Its CEO Jeffrey Sprecher's wife Kelly Loeffler is a member of the Trump administration's cabinet. The global futures trading giant CME Group has a market value of $93 billion and a price-to-earnings ratio of 26 times. The Nasdaq exchange, known for its technological strength and global network, has a market value of $47 billion and a price-to-earnings ratio of 41 times. If it can cooperate with major US exchanges, Coinbase will be able to open the door to power and markets, which may still be out of reach for it. Large investors may push a top exchange to acquire Coinbase, and the new company will be able to maximize its return on investment as cryptocurrencies gradually move from the forefront of finance to the mainstream.