Deutsche Bank analysts have endorsed Coinbase's 'Everything Exchange' strategy, highlighting it as a crucial driver for sustainable growth. This strategy involves expanding Coinbase's offerings to include derivatives, lending, decentralized finance (DeFi), and access to global markets. The initiative aims to diversify revenue streams and enhance market performance. The bank believes this approach positions Coinbase as a comprehensive trading hub, with significant long-term potential. The CEO has confirmed that the team is actively advancing this project in New York, which could bolster Coinbase's market position amid evolving market cap dynamics.