{"id":600430,"date":"2025-10-28T00:30:46","date_gmt":"2025-10-28T07:30:46","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/10\/base-token-and-subscription-services-new-engines-for-coinbases-valuation\/"},"modified":"2025-10-28T00:31:07","modified_gmt":"2025-10-28T07:31:07","slug":"base-%e4%bb%a3%e5%b8%81%e4%b8%8e%e8%ae%a2%e9%98%85%e6%9c%8d%e5%8a%a1-coinbase-%e4%bc%b0%e5%80%bc%e7%9a%84%e6%96%b0%e5%bc%95%e6%93%8e","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/10\/base-%e4%bb%a3%e5%b8%81%e4%b8%8e%e8%ae%a2%e9%98%85%e6%9c%8d%e5%8a%a1-coinbase-%e4%bc%b0%e5%80%bc%e7%9a%84%e6%96%b0%e5%bc%95%e6%93%8e\/","title":{"rendered":"Base\u4ee3\u5e01\u4e0e\u8ba2\u9605\u670d\u52a1\uff1aCoinbase\u4f30\u503c\u7684\u65b0\u5f15\u64ce"},"content":{"rendered":"<p>\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u5e73\u53f0<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=COIN\">Coinbase Global (COIN)<\/a> \u53ef\u80fd\u5373\u5c06\u8fce\u6765\u4e00\u4e2a\u5f3a\u5927\u7684\u65b0\u4f30\u503c\u9a71\u52a8\u56e0\u7d20\u3002\u5e02\u573a\u89c2\u5bdf\u4eba\u58eb\u6307\u51fa\uff0c\u5c3d\u7ba1\u516c\u53f8\u5c1a\u672a\u6b63\u5f0f\u53d1\u5e03\u516c\u544a\uff0c\u4f46\u79cd\u79cd\u8ff9\u8c61\u8868\u660e\uff0c\u5176\u6b63\u7b79\u5907\u63a8\u51fa\u4e00\u6b3e\u57fa\u4e8e\u81ea\u8eabBase\u7f51\u7edc\u6784\u5efa\u7684\u65b0\u52a0\u5bc6\u8d27\u5e01\u3002\u8fd9\u4e00\u6f5c\u5728\u52a8\u5411\uff0c\u5df2\u88ab\u6469\u6839\u5927\u901a\u7b49\u673a\u6784\u5206\u6790\u5e08\u89c6\u4e3a\u53ef\u80fd\u63a8\u52a8\u516c\u53f8\u4e1a\u7ee9\u4e0e\u80a1\u4ef7\u4e0a\u6da8\u7684\u4e3b\u8981\u9a71\u52a8\u529b\u3002<\/p>\n<h2>Base\u7f51\u7edc\u7684\u6f5c\u529b\u4e0e\u5546\u4e1a\u5316\u8def\u5f84<\/h2>\n<p>Base\u4ee3\u5e01\u4f1a\u6210\u4e3a\u80a1\u4ef7\u50ac\u5316\u5242\u5417\uff1f Base\u662fCoinbase\u57fa\u4e8e\u4ee5\u592a\u574a\u533a\u5757\u94fe\u6784\u5efa\u7684Layer-2\u7f51\u7edc\uff0c\u5176\u6838\u5fc3\u4ef7\u503c\u5728\u4e8e\u52a0\u901f\u4ea4\u6613\u3001\u964d\u4f4e\u6210\u672c\u3001\u7ef4\u62a4\u5b89\u5168\u5e76\u652f\u6301\u5e73\u53f0\u81ea\u8eab\u7684\u53d1\u5c55\u8ba1\u5212\u3002\u6469\u6839\u5927\u901a\u5728\u4e00\u4efd\u7814\u7a76\u62a5\u544a\u4e2d\u8be6\u7ec6\u5206\u6790\u4e86\u57fa\u4e8eBase\u7f51\u7edc\u53d1\u884c\u4ee3\u5e01\u53ef\u80fd\u4e3aCoinbase\u4f30\u503c\u5e26\u6765\u7684\u5de8\u5927\u76ca\u5904\u3002\u5206\u6790\u5e08\u8ba4\u4e3a\uff0cBase\u4ee3\u5e01\u662fCoinbase\u5c06\u5176Layer-2\u7f51\u7edc\u7684\u6210\u529f\u8fdb\u884c\u5546\u4e1a\u5316\u53d8\u73b0\u7684\u4e00\u79cd\u5173\u952e\u65b9\u5f0f\u3002\u5b83\u4e0d\u4ec5\u80fd\u5e2e\u52a9\u516c\u53f8\u6293\u4f4f\u5e02\u573a\u5bf9\u7a33\u5b9a\u5e01\u7684\u65fa\u76db\u9700\u6c42\uff0c\u8fd8\u80fd\u6709\u6548\u964d\u4f4e\u5176\u5e73\u53f0\u7684\u6574\u4f53\u8fd0\u8425\u98ce\u9669\u3002\u636e\u6469\u6839\u5927\u901a\u4f30\u7b97\uff0cBase\u4ee3\u5e01\u6709\u671b\u4e3aCoinbase\u91ca\u653e\u7ea6340\u4ebf\u7f8e\u5143\u7684\u4f30\u503c\u6f5c\u529b\u3002\u57fa\u4e8e\u8fd9\u4e00\u4e50\u89c2\u9884\u671f\uff0c\u8be5\u884c\u5df2\u5c06Coinbase 2026\u5e74\u5e74\u5e95\u7684\u76ee\u6807\u80a1\u4ef7\u4ece\u6bcf\u80a1342\u7f8e\u5143\u663e\u8457\u4e0a\u8c03\u81f3404\u7f8e\u5143\u3002<\/p>\n<h2>\u591a\u65b9\u52a8\u5411\u5370\u8bc1\u53d1\u5c55\u5e03\u5c40<\/h2>\n<p>\u8fd9\u4e00\u9884\u671f\u5e76\u975e\u7a7a\u7a74\u6765\u98ce\u3002\u516c\u53f8\u9ad8\u7ba1\u5728\u4e0a\u4e2a\u6708\u7684BaseCamp\u6d3b\u52a8\u4e2d\u5df2\u6697\u793a\uff0cBase\u4ee3\u5e01\u53ef\u80fd\u6b63\u5728\u915d\u917f\u4e4b\u4e2d\uff0c\u5e76\u5f3a\u8c03\u6b64\u7c7b\u52a0\u5bc6\u8d27\u5e01\u5c06\u63a8\u52a8\u5176\u53bb\u4e2d\u5fc3\u5316\u6218\u7565\uff0c\u5e76\u4e3a\u751f\u6001\u5185\u7684\u5f00\u53d1\u9879\u76ee\u63d0\u4f9b\u652f\u6301\u3002\u4e0e\u6b64\u540c\u65f6\uff0cCoinbase\u8fd1\u671f\u5ba3\u5e03\u7684\u4e00\u7cfb\u5217\u91cd\u8981\u5408\u4f5c\u4e5f\u5f3a\u5316\u4e86\u8fd9\u4e00\u53ef\u80fd\u6027\u3002\u8be5\u516c\u53f8\u6b63\u4e0e\u82b1\u65d7\u96c6\u56e2\u5408\u4f5c\uff0c\u4e3a\u5176\u673a\u6784\u5927\u5ba2\u6237\u6253\u9020\u6570\u5b57\u8d44\u4ea7\u652f\u4ed8\u89e3\u51b3\u65b9\u6848\uff0c\u6b64\u4e3e\u51f8\u663e\u4e86\u94fe\u4e0a\u7a33\u5b9a\u5e01\u652f\u4ed8\u7684\u5e94\u7528\u524d\u666f\u3002<\/p>\n<h2>\u8ba2\u9605\u6a21\u5f0f\uff1a\u6784\u7b51\u6301\u7eed\u6536\u5165\u62a4\u57ce\u6cb3<\/h2>\n<p>\u9664\u4e86\u65b0\u4ee3\u5e01\u7684\u6f5c\u5728\u523a\u6fc0\uff0cCoinbase\u4e5f\u5728\u79ef\u6781\u8f6c\u578b\uff0c\u65e8\u5728\u901a\u8fc7\u53ef\u9884\u6d4b\u7684\u7ecf\u5e38\u6027\u6536\u5165\u6a21\u5f0f\u5de9\u56fa\u5176\u5e02\u573a\u5730\u4f4d\u3002\u8fd9\u4e00\u7b56\u7565\u4e0e\u6d41\u5a92\u4f53\u5de8\u5934<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=NFLX\">\u5948\u98de (NFLX) <\/a>\u7684\u6210\u529f\u6a21\u5f0f\u6709\u5f02\u66f2\u540c\u5de5\u4e4b\u5999\u3002\u5948\u98de\u901a\u8fc7\u5411\u6570\u767e\u4e07\u7528\u6237\u6536\u53d6\u6708\u5ea6\u8ba2\u9605\u8d39\uff0c\u5e76\u6301\u7eed\u6295\u8d44\u4e8e\u5185\u5bb9\u751f\u6001\uff0c\u521b\u9020\u4e86\u5de8\u5927\u7684\u5546\u4e1a\u4ef7\u503c\uff0c\u5176\u80a1\u4ef7\u5728\u8fc7\u53bb\u5341\u5e74\u95f4\u5b9e\u73b0\u4e861140%\u7684\u60ca\u4eba\u589e\u957f\u3002<\/p>\n<p>Coinbase\u6b63\u8bd5\u56fe\u5728\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u590d\u5236\u8fd9\u4e00\u6210\u529f\uff0c\u5176\u6838\u5fc3\u5728\u4e8e\u5c06\u7528\u6237\u6d3b\u52a8\u8f6c\u5316\u4e3a\u4e00\u79cd\u7a33\u5b9a\u7684\u6d88\u8d39\u4e60\u60ef\u3002\u6807\u5fd7\u6027\u4ea7\u54c1Coinbase One\u662f\u4e00\u9879\u4ed8\u8d39\u4f1a\u5458\u670d\u52a1\uff0c\u5b83\u901a\u8fc7\u63d0\u4f9b\u514d\u4ea4\u6613\u624b\u7eed\u8d39\u3001\u66f4\u9ad8\u8d28\u62bc\u5956\u52b1\u548c\u4f18\u8d28\u5ba2\u6237\u652f\u6301\u7b49\u5206\u7ea7\u798f\u5229\uff0c\u4e3a\u516c\u53f8\u5e26\u6765\u4e86\u72ec\u7acb\u4e8e\u5e02\u573a\u4ea4\u6613\u6ce2\u52a8\u7684\u7a33\u5b9a\u6536\u5165\u6d41\u3002\u8fd9\u4e00\u8ba2\u9605\u4e0e\u670d\u52a1\u90e8\u95e8\u57282025\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5df2\u521b\u9020\u4e866.56\u4ebf\u7f8e\u5143\u7684\u6536\u5165\uff0c\u5c55\u73b0\u4e86\u5f3a\u5927\u7684\u53d8\u73b0\u80fd\u529b\u3002<\/p>\n<p>\u5e73\u53f0\u4f18\u52bf\u5728\u6b64\u6a21\u5f0f\u4e0b\u540c\u6837\u81f3\u5173\u91cd\u8981\u3002Coinbase\u662f\u5927\u591a\u6570\u65b0\u53d1\u884c\u6bd4\u7279\u5e01\u73b0\u8d27\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1\uff08ETF\uff09\u7684\u6258\u7ba1\u4eba\uff0c\u8fd9\u6df1\u5316\u4e86\u5176\u4e0e\u673a\u6784\u6295\u8d44\u8005\u7684\u8054\u7cfb\uff0c\u5e76\u4e3a\u672a\u6765\u5e26\u6765\u4e86\u53ef\u6301\u7eed\u7684\u624b\u7eed\u8d39\u6536\u5165\u3002\u540c\u65f6\uff0c\u5bf9\u4e8e\u65b0\u5165\u573a\u7684\u6295\u8d44\u8005\u4ee5\u53ca\u5e0c\u671b\u901a\u8fc7\u7f8e\u5143\u6210\u672c\u5e73\u5747\u6cd5\u5efa\u7acb\u52a0\u5bc6\u8d27\u5e01\u5934\u5bf8\u7684\u7528\u6237\u800c\u8a00\uff0cCoinbase\u5df2\u6210\u4e3a\u9996\u9009\u7684\u5165\u53e3\u3002\u8fd9\u4e00\u5207\u90fd\u4e3aCoinbase\u6784\u7b51\u8d77\u4e00\u9053\u575a\u5b9e\u7684\u7ecf\u5e38\u6027\u6536\u5165\u62a4\u57ce\u6cb3\uff0c\u652f\u6491\u5176\u957f\u671f\u53d1\u5c55\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u5e73\u53f0Coinbase Global (COIN) \u53ef\u80fd\u5373\u5c06\u8fce\u6765\u4e00\u4e2a\u5f3a\u5927\u7684\u65b0\u4f30\u503c\u9a71\u52a8\u56e0\u7d20\u3002\u5e02\u573a\u89c2\u5bdf\u4eba [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":600427,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427],"tags":[1787,762,737,634],"class_list":["post-600430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","tag-1787","tag-762","tag-737","tag-634","sectors-cryptocurrency-zh-hans","sectors-technology-zh-hans","locations-us-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/600430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=600430"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/600430\/revisions"}],"predecessor-version":[{"id":600433,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/600430\/revisions\/600433"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/600427"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=600430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=600430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=600430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}