Benchmark: Coinbase will benefit from institutional cryptocurrency growth, gives a "buy" rating

Odaily News Benchmark gave the cryptocurrency exchange Coinbase a buy rating and a target price of $252. The broker said that Coinbase has established the largest crypto trading platform in the industry. At the same time, the analysis believes that the clarity of US regulation may lead to increased institutional demand for cryptocurrencies, which will benefit Coinbase. (CoinDesk)