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Analysts see big upside for Coinbase: 'Fast becoming the AWS of Crypto financial infrastructure'

By CNBC   |   1 month ago
Analysts see big upside for Coinbase: 'Fast becoming the AWS of Crypto financial infrastructure'

Coinbase's revenue of $1.87 billion for Q3 exceeded estimates, driven by partnerships with big banks like J.P. Morgan and PNC. Wall Street analysts are optimistic about the long-term potential of these collaborations, comparing Coinbase to the AWS of Crypto financial infrastructure.

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