Coinbase Makes Strategic Move Into $22B Money Market ETF
Coinbase secures ASIC approval, marking a key step in its expansion into regulated financial services in Australia. Coinbase backs ProShares’ IQMM, the first money market ETF built for stablecoin reserves under the GENIUS Act. Coinbase has announced an investment in ProShares’ GENIUS Money Market ETF, known as IQMM. The ETF launched in February 2026 and...
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