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Stock impact report

Klarna Group plc (KLAR) Partners With Coinbase [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
The company sources its funding from consumer deposits, long-term loans, and short-dated commercial paper. After this partnership, the company has added stablecoins, particularly USDC, as a funding source. Moreover, the company also plans to raise short-term cash from big institutional investors directly in USDC, using Coinbase's blockchain-based tools. Earlier, on December 15, the company introduced Agentic Product Protocol, which is an open standard designed to supercharge AI agents in e-commerce. Management noted that the new protocol creates a universal language for product data that pulls data from over 100 million products and over 400 million prices from 12 global markets. This allows AI agents to discover, compare, and provide real-time product data, thereby positioning AI as the go-to interface for shopping. That said, Wall Street has a positive outlook on Klarna Group plc (NYSE:KLAR). On December 18, Jason Kupferberg from Wells Fargo reiterated a Buy rating on the stock Show less Read more
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