Coinbase (COIN) Price Target Raised at Mizuho on Higher Bitcoin (BTC) Prices

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Custody for Facebook's (FB) Novi a Win for Coinbase (COIN) - JMP

October 20, 2021 7:33 AM EDT

JMP analyst Devin Ryan has weighed in to discuss yesterdays news that Facebook (NASDAQ: FB) selected Coinbase (NASDAQ: COIN) as a custodian for its crypto project Novi.

The digital wallet will allow people to send and receive money abroad quickly and with no fees. Coinbase Custody will be engaged to support Novi.

Ryan, who rates Coin as Market Perform with a $330.00 per share price target, shared... More

Coinbase Global Inc's (COIN) Facebook Custody Deal Proves Growth is in Early Stages - JMP Securities

October 20, 2021 6:33 AM EDT

JMP Securities analyst Devin Ryan reiterated a Market Outperform rating and $330.00 price target on Coinbase Global Inc. (NASDAQ: COIN) after the company announced that it would provide crypto custody for Facebook's (NASDAQ: FB) pilot of its digital... More

Coinbase (COIN) to power crypto custody for Facebook's (FB) Novi

October 19, 2021 9:14 AM EDT

(Updated - October 19, 2021 9:15 AM EDT)

Facebook (NASDAQ: FB) has chosen Coinbase (NASDAQ: COIN) as its custody partner for its pilot of Novi, a new digital wallet that enables people to send and receive money abroad instantly, securely, and with no fees.

For the pilot, Coinbase is supporting Novi via Coinbase Custody, which keeps user funds secure with our proprietary, fully segregated cold... More