Analysts see 60% upside for COIN after the exchange unveiled tokenized equities and multi-asset trading products.
Benchmark-StoneX reiterated a $270 price target for Coinbase (COIN), representing a 60% increase from its current $169 level. The revised target follows the exchange’s announcement of new products, including tokenized U.S. equities and options trading for crypto and stocks.
Coinbase outlined plans to expand beyond crypto trading, positioning itself as an “everything exchange” with offerings spanning derivatives, AI, and consumer finance. The strategy builds on initiatives first announced in December, aiming to diversify into multiple asset classes.
Analyst Mark Palmer noted the ambition could challenge traditional brokerages and fintechs. The event highlighted Coinbase’s push to integrate real-world assets and broaden its market reach.