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Samsung Brings Coinbase Access to 75M Wallet Users in Latest Crypto Embrace

by admin October 4, 2025

In brief

Samsung has integrated Coinbase access within its wallet app in the United States.
The feature lets Samsung device owners more easily purchase cryptocurrency from their phones.
Samsung has been immersed in crypto for years via phone integrations, investments, and enterprise blockchain moves.

Tech giant Samsung has expanded its collaboration with crypto exchange Coinbase to offer its 75 million U.S. Galaxy device owners easier cryptocurrency access through Samsung Wallet and Samsung Pay.

First announced in July, the team-up now allows Coinbase users to purchase cryptocurrency directly within the app using Samsung Pay, streamlining investment management on its secure platform.

Samsung Wallet users receive exclusive benefits as part of the collab, including a free 3-month Coinbase One subscription. This premium membership offers zero trading fees on select assets, enhanced staking rewards, and partner offers. New traders also receive a $25 credit after their first Coinbase transaction.

“Samsung Wallet is a trusted tool to millions of Galaxy users, and we’re continually working to find creative ways to enhance the experience with added functionality,” said Drew Blackard, senior VP of mobile product management at Samsung, in a statement. “Coinbase is a leader in the industry, which made them the ideal partner to provide our users with seamless access to crypto.”

The companies suggested further international expansion to come in the months ahead.

Coinbase’s stock is up more than 1% on the day to a price of about $376 per share following the news, boosting its weekly spike to 20%. Crypto stocks are broadly up over the last week alongside rising asset prices, with Bitcoin topping a price of $121,000 on Thursday for the first time since mid-August.

Samsung has long embraced cryptocurrency and blockchain, making numerous investments in the industry while integrating crypto wallet and trading functionality on its devices for years.

The company first added crypto support to its phones in 2019 through its Knox secure enclave, later expanding asset support and enabling the use of hardware wallets with phones. The company also offered NFTs as pre-order bonuses for the Galaxy S22 phones. For a time, Samsung also operated an enterprise blockchain platform called Nexledger.

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October 4, 2025 0 comments

GameFi Guides

Samsung Adds Coinbase Crypto Access for 75M Galaxy Device Users

by admin October 3, 2025

Samsung is teaming up with Coinbase to give 75 million Galaxy device owners in the U.S. access to the exchange’s priority trading service, making it the largest single consumer distribution Coinbase has executed, and Samsung Galaxy’s biggest crypto bet to date, the companies said.

The Samsung Wallet will allow Galaxy owners access to the Coinbase One service, which includes zero trading fees and increased staking rewards. It means users can explore crypto without downloading a separate app or moving funds across platforms.

Samsung Pay is also being linked to Coinbase accounts, allowing Galaxy owners to make payments tied to their holdings. As such, crypto tools will be available in the same place phone users already store payment cards, transit passes and IDs.

“Our mission is to bring more than a billion people on chain, and that starts with meeting them where they already are: on their phones,” said Shan Aggarwal, Chief Business Officer, Coinbase.

While the rollout starts in the U.S., Samsung and Coinbase plan to expand the program to international markets over the coming months.

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October 3, 2025 0 comments

Crypto Trends

Ripple Extends $75M Credit Facility to Gemini as Exchange Pursues IPO

by admin August 19, 2025

Gemini’s long-awaited IPO filing drew fresh attention to payments giant Ripple, with the exchange disclosing a $75 million credit line from the company alongside a steep financial loss.

In documents submitted to the U.S. Securities and Exchange Commission (SEC) on Aug. 15, Gemini revealed a $282.5 million net loss for the first half, an almost seven-fold increase from the $41.4 million shortfall a year earlier. Revenue fell to $67.9 million from $74.3 million.

The filing puts Gemini, which plans to use the ticker “GEMI” on Nasdaq, in line to become the third crypto exchange to trade publicly in the U.S. after Coinbase (COIN), which debuted on Nasdaq in 2021, and Bullish (BLSH), the owner of CoinDesk, whose shares listed on the New York Stock Exchange a week ago.

Ripple’s role in the listing stood out. In the filing, Gemini said it entered a credit agreement with Ripple Labs in July granting access to up to $75 million in loans, with the option to extend the facility to $150 million if certain metrics are met.

Each drawdown must be at least $5 million and carries interest of either 6.5% or 8.5%, secured against collateral.

In addition, once borrowing surpasses the initial $75 million, requests can be denominated in Ripple’s dollar-backed RLUSD stablecoin. As of the filing date, however, no borrowings had been drawn under the facility

The credit deal with Gemini puts RLUSD directly in the mix as a settlement option for a major U.S. trading platform — an early indication that Ripple wants its stablecoin to compete alongside the two market leaders, Tether's USDT and USDC, issued by Circle Internet (CRCL).

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August 19, 2025 0 comments