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William Blair sees Coinbase and Circle benefiting from crypto recovery despite slashing estimates
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William Blair argues that Coinbase and Circle could benefit from a wider recovery of the crypto market, as their estimates approach a possible minimum point. The firm highlights the diversification of Coinbase, USDC growth, asset tokenization and eventual regulatory clarity as catalysts for COIN and CRCL.
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Cryptocurrency News | Cryptocurrency Prices | Market CapWilliam Blair sees Coinbase and Circle benefiting from crypto recovery despite slashing estimates
William Blair maintained Outperform ratings on Coinbase and Circle despite cutting revenue and EBITDA estimates, citing asymmetrical risk/reward
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