Exchanges· ★★★★· bullish·

Coinbase Shares Rise 5.25% as Bitcoin Tops $85,000; IPO Access and SEC Tokenization in Focus

  • —Coinbase shares rose 5.25% to $204.44 as Bitcoin topped $85,000
  • —Coinbase opened IPO allocation requests to eligible U.S. customers, starting with Oura
  • —SEC granted a five-year Innovation Exemption for tokenized-stock trading venues
  • —Clear Street raised its COIN target to $224; Baird kept Neutral with a $130 target
Why it matters: Coinbase's push into tokenized equities and IPO access sharpens competition with Robinhood and sets the regulatory template for U.S. tokenization.
#BTC#COIN
Source: The Crypto Basic
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