Coinbase has announced a significant partnership with JPMorgan, integrating the bank's JPMD deposit token on the Base blockchain. This collaboration represents JPMorgan's most extensive engagement with public crypto infrastructure, enabling institutional clients to conduct 24/7 transactions via Base. Coinbase will also accept JPMD as collateral, bridging traditional banking and crypto trading. In a separate development, Coinbase shareholders have approved the company's reincorporation in Texas, motivated by legal and tax benefits. Analysts suggest that these strategic moves could propel Coinbase's stock to $373, contingent on surpassing key resistance levels.