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According to Benchmark Equity Research, the recent stock momentum is underpinned by strong fundamentals and favorable market positioning. The firm raised its price target for COIN to $301, up from $252, just three days after Coinbase officially became part of the S&P 500.
Over the last six months, Bullish and Gibraltar’s financial authorities have worked together to craft a regulatory framework that adapts traditional finance (TradFi) clearing regulations, such as those enforced under EMIR and Dodd-Frank, to the crypto ecosystem.
