The GraniteShares 2x Long Coinbase Daily ETF (CONL) closed up 2.48% at $43.43 on January 28, 2025, as Coinbase's stock rose 1.26% to $281.48 following its regulatory approval to launch a crypto exchange in Argentina. This strategic expansion into Argentina, the largest crypto receiver in Latin America, positions Coinbase to tap into a market that received $91 billion in crypto between 2023 and 2024. The approval from Argentina’s National Securities Commission allows Coinbase to operate legally within the country, with Matías Alberti leading the local operations. This move is part of Coinbase's broader strategy to enhance economic freedom and financial literacy in Argentina, where cryptocurrency is increasingly seen as a vital tool for financial empowerment.