Compass Point Cuts Coinbase Price Target Ahead of Expected Stocks, Prediction Market Reveal – Decrypt
In brief Compass Point analyst reiterated a “Sell” rating for Coinbase shares while cutting COIN’s price target. They foresee tokenized equities as a $230 million opportunity for the exchange. That’s more than the $210 million analysts penciled in for prediction markets. Tokenized stocks likely represent a bigger revenue opportunity for Coinbase than prediction markets, analysts...
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