Coinbase shares closed down 1.5% on Wednesday. There were no financial details provided, but a tweet from Coinbase Wallet said BRD will be joining the company to help it accelerate web3 adoption.

Coinbase Global, Inc. (COIN) has acquired crypto wallet firm BRD to further enhance its web3 adoption. The financial terms of the deal have been kept under wraps. Shares of COIN lost 1.52% on ...