Bank of America Upgrades Coinbase to ‘Buy’ as Tokenization Strategy Gains Attention

Bank of America (NYSE: $BAC) has upgraded shares of Coinbase (NASDAQ: $COIN) to a “Buy” rating, pointing to the company’s expanding tokenization initiatives and the growth possibility of its Base blockchain network. In a research note released this week, analysts stated that Coinbase’s recent product launches and positioning in digital asset issuance could support future revenue streams, even as competitive risks persist. source: https://www.cryptoprowl.com/releases/bank-of-america-upgrades-coinbase-to-buy-as-tokenization-strategy-gains-attention-1817