Sumitomo Mitsui Trust Group, Inc., a registered investment adviser, initiated a new position in Coinbase Global, Inc. (NASDAQ:COIN) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 2,205,242 shares of the Financial Services company, valued at approximately $498.7M as of the filing date.
Coinbase Global, Inc.'s stock currently trades at $217.36 with a market capitalization of $68.8B.
