Coinbase wins approval to offer crypto futures trading in US

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Mizuho Securities Negative on Coinbase Global Inc. (COIN) Crypto Futures: 'cannibalization risk'

August 16, 2023 9:55 AM EDT

Mizuho Securities analyst Dan Dolev reiterated an Underperform rating and $27.00 price target on Coinbase Global Inc. (NASDAQ: COIN).

The analyst comments "Bloomberg reported that COIN obtained approval from the National Futures Association (NFA) to sell crypto derivatives directly to retail traders in... More