‍Bank of America Upgrades Coinbase to 'Buy' Amid Base Network Growth

Bank of America analysts have upgraded Coinbase (COIN) to "Buy," citing its leadership in tokenization and the expansion of its Base blockchain. The firm highlights Coinbase Tokenize as a key platform for digital securities and notes JPMorgan's plans to integrate with the Base network.

Analysts suggest a potential native token for Base could raise billions, with the network currently holding $5 billion in TVL. While regulatory clarity is pending, Coinbase's evolution into a blockchain infrastructure provider underpins the upgrade, despite competition from Binance.US.

https://cryptovka.ru/en/news/7960/bank-of-america-upgrades-coinbase-to-buy-amid-base-network-growth