Bank of America has upgraded Coinbase Global to a Buy rating, arguing that the company’s shares offer upside as Coinbase expands beyond its traditional crypto focus. The bank highlighted Coinbase’s broadened product lineup, including weekday equities trading and predictive tools that extend the platform’s reach into mainstream financial markets. The upgrade underscores investor attention on Coinbase’s ability to monetize a broader product suite beyond crypto.
Coinbase’s diversification into non-crypto offerings is highlighted by the upgrade. The note presents Coinbase as a platform with potential beyond digital currencies.
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