Cryptocurrency exchange Coinbase revealed last week that it’s launching its own Ethereum layer-2 network, and investors may be warming up to the announcement despite a regulatory crackdown across the digital assets industry.

Coinbase’s stock price rose nearly 10% Tuesday to $64.83 per share, the largest daily gain since shares rose over 13% on Feb. 15. Since the company revealed the new network named Base before markets opened on Feb. 23, shares of Coinbase have climbed roughly 6% compared to a closing price of $61.18 the day before.