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Google + Coinbase: Surprising Partners Building in Crypto

Google chose Coinbase to be its crypto payment provider. This is another step toward mainstream use for cryptocurrencies.

By Travis Hoium – Oct 14, 2022 at 10:30AM EST

Coinbase (COIN 0.25%) announced a partnership with Alphabet (GOOG 0.23%) (GOOGL 0.30%) subsidiary Google this week, and it contributes to the trend of big companies building in the blockchain. In Google's case, it will start taking payments for cloud services in crypto, but that use case could expand. Travis Hoium breaks down why this is a big deal for Coinbase in the video below. 

*Stock prices used were end of day prices of Oct. 11, 2022. The video was published on Oct. 14, 2022.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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American Express is an advertising partner of The Ascent, a Motley Fool company. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Discover Financial Services is an advertising partner of The Ascent, a Motley Fool company. Travis Hoium has positions in Coinbase Global, Inc. and Ethereum. The Motley Fool has positions in and recommends Alphabet (A shares), Alphabet (C shares), Bitcoin, Coinbase Global, Inc., Ethereum, Mastercard, Starbucks, and Visa. The Motley Fool recommends Discover Financial Services and recommends the following options: short October 2022 $85 calls on Starbucks. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. 

Stocks Mentioned

Coinbase Global Stock Quote
Coinbase Global
NASDAQ: COIN
$160.79
(-0.22%)-$0.35
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$273.51
(-0.30%)-$0.83
Starbucks Stock Quote
Starbucks
NASDAQ: SBUX
$86.72
(-0.10%)-$0.09
American Express Stock Quote
American Express
NYSE: AXP
$297.49
(+1.79%)+$5.22
Visa Stock Quote
Visa
NYSE: V
$299.54
(+1.36%)+$4.02
Mastercard Stock Quote
Mastercard
NYSE: MA
$492.78
(+1.76%)+$8.54
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$273.14
(-0.23%)-$0.62
Bitcoin Stock Quote
Bitcoin
CRYPTO: BTC
$66,568.00
(+0.65%)+$431.13
Ethereum Stock Quote
Ethereum
CRYPTO: ETH
$2,018.58
(+1.73%)+$34.34
Dogecoin Stock Quote
Dogecoin
CRYPTO: DOGE
$0.09
(+0.37%)+$0.00

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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