Bank of America has upgraded Coinbase to a "Buy" rating. According to reports, the upgrade is based on the prospects of Coinbase's Base platform and potential tailwinds from tokenization. The bank also noted that Binance’s U.S. expansion could pose a threat to Coinbase.

Bank of America has upgraded Coinbase to a "Buy" rating. According to reports, the upgrade is based on the prospects of Coinbase's Base platform and potential tailwinds from tokenization. The bank also noted that Binance’s U.S. expansion could pose a threat to Coinbase.