Coinbase upgraded as institutional crypto adoption accelerates, says Rothschild

**Coinbase Stock Upgraded to Buy as Institutional Cryptocurrency Adoption Surges**

Rothschild & Co Redburn analysts upgraded Coinbase Global (NASDAQ: COIN) shares from Neutral to Buy, significantly raising their price target to $417 from $325 as institutional cryptocurrency adoption accelerates across Wall Street. The upgrade reflects growing confidence in Coinbase's strategic positioning within the expanding digital asset ecosystem.

The cryptocurrency exchange giant continues benefiting from improved Wall Street sentiment toward Bitcoin, blockchain technology, and decentralized finance (DeFi) solutions. Institutional investors are increasingly embracing cryptocurrency trading platforms, positioning Coinbase as a primary beneficiary of this mainstream adoption trend.

Rothschild's bullish outlook highlights Coinbase's competitive advantages in the evolving crypto landscape, where regulatory clarity and institutional trust remain paramount. The substantial price target increase of over 28% demonstrates analysts' confidence in the company's ability to capitalize on growing cryptocurrency market participation.

This upgrade comes amid broader cryptocurrency market momentum, with institutional players increasingly integrating digital assets into their portfolios. Coinbase's established infrastructure and regulatory compliance make it a preferred platform for institutional cryptocurrency trading, supporting the analyst upgrade and elevated price projections for COIN shares.