Coinbase acquires Liquifi, positioning itself as a comprehensive crypto infrastructure provider

Coinbase (COIN) shares are on the rise after the acquisition of Liquifi, a startup specializing in token vesting automation and compliance. The acquisition strengthens Coinbase’s position as a full-stake crypto infrastructure provider and expands its market reach. Analysts predict potential upside for COIN stock due to regulatory clarity and blockchain adoption. Oppenheimer raised its price target for Coinbase shares, anticipating further growth. However, some Wall Street firms believe the stock may already be overvalued. Despite differing opinions, COIN remains a popular choice with a consensus rating of “Moderate Buy.”

Read more at Yahoo Finance: Coinbase Buys Up Token Management Specialist Liquifi. How Should You Play COIN Stock Here?