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Bank of America Upgrades Coinbase to ‘Buy’ on Base Prospects, Tokenization Tailwinds – Decrypt
In brief Bank of America analysts highlighted Coinbase’s tokenization product while upgrading COIN. They wagered that the company could debut a token for Base, if legislation is passed. However, they also warned that Binance’s U.S. affiliate could stifle Coinbase’s growth. Bank of America analysts upgraded Coinbase to “Buy” from “Neutral” on Thursday, describing the exchange...
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