Bank of America has upgraded Coinbase's stock to a 'buy' rating. The recommendation is based on Coinbase's expansion into new product offerings. These include weekday equities trading and prediction markets, according to the report. The upgrade suggests a positive outlook on Coinbase's strategy to diversify its services beyond traditional cryptocurrency trading. The analysis reflects confidence in Coinbase's ability to attract new users and revenue streams through these initiatives.

Bank of America has upgraded Coinbase's stock to a 'buy' rating. The recommendation is based on Coinbase's expansion into new product offerings. These include weekday equities trading and prediction markets, according to the report. The upgrade suggests a positive outlook on Coinbase's strategy to diversify its services beyond traditional cryptocurrency trading. The analysis reflects confidence in Coinbase's ability to attract new users and revenue streams through these initiatives.