Not much asset backing at COIN compared to KR1's monster assets. KR1 is DeFi, which is all the rage, whilst COIN's investments are much more niche IMO. Still, probably worth a small position.
That's lucky for the US otherwise they'd have had a big gap up. I can think of a damn good reason why the shares are going up though. Buy volume. Jokers.
Good chance this is THE best stock in the world for investing in altcoins and DeFi. DeFi is the main focus of this cyrpto bull market and we appear to on the verge of alt season. Perfect stock, perfect time.
There are already many DeFi platforms deployed and by the time this goes live most of the current bull cycle will likely already be in and there will be a lot of well established competition.