Compass Point Lowers Coinbase Target Before Stocks, Prediction Market News
Analysts at Compass Point have adjusted their price target for Coinbase, according to a report. The adjustment comes ahead of an expected reveal of new offerings from Coinbase, including tokenized stocks and prediction markets. The analysts suggest that tokenized stocks present a more significant revenue opportunity for Coinbase compared to prediction markets. The report provides insight into the potential financial impact of these new products on Coinbase's valuation.
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