H.C. Wainwright, a leading New York investment bank, has notified its investors that crypto winter is finally over.
“Lastly, we view COIN as a scarce asset, as Coinbase is the only publicly listed crypto native company in the US with a market cap in excess of $10B, which means competition for investor capital is extremely limited, and given the current regulatory environment for crypto, we see Coinbase’s scarcity value unlikely to change over the near term.”
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