Coinbase does things that have no NYSE parallel, for example running a centralized ETH staking service (they keep 50% of the profits, which are 5+% of staked ET

Coinbase does things that have no NYSE parallel, for example running a centralized ETH staking service (they keep 50% of the profits, which are 5+% of staked ETH so it's very high margin). Of course anybody can run a service like that, but Coinbase has the brand name and a leg up on compliance/legal so they'll get to charge a big premium on this stuff.