Coinbase Partners With Integral, Bringing Next-Generation Accounting Solutions To All Coinbase Prime Clients
Portfolio Pulse from Benzinga Newsdesk
Coinbase has partnered with Integral to provide next-generation accounting solutions to Coinbase Prime clients. The collaboration will offer an aggregate view of all digital assets, held inside and outside of Coinbase, simplifying workflows like accounting, reporting, and record-keeping. Integral also received investment from Coinbase Ventures. The funds will be used to provide Prime clients with data coverage for all of their assets and develop complementary solutions such as accounts receivable and accounts payable automations.
October 24, 2023 | 2:49 pm
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Coinbase's partnership with Integral and investment in the company could enhance its service offerings to Prime clients, potentially attracting more users and increasing revenue.
The partnership with Integral will allow Coinbase to offer advanced accounting solutions to its Prime clients, which could make its platform more attractive to potential users. Additionally, the investment in Integral could provide a return in the future. Both of these factors could have a positive impact on Coinbase's revenue and, consequently, its stock price.
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