20 Best Fintech Stocks to Buy According to Billionaires

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15. Coinbase Global, Inc. (NASDAQ:COIN)

Number of Billionaire Investors: 11

Number of Hedge Fund Holders: 69

Coinbase Global, Inc. (NASDAQ:COIN) is an American financial technology company that operates a platform for buying, selling, transferring, trading, staking, and storing cryptocurrency assets. As one of the biggest crypto exchange platforms in the world, it serves individuals and institutions in over 100 countries. Coinbase Global, Inc. (NASDAQ:COIN) is one of the best fintech stocks to buy according to billionaires.

On February 19, Compass Point analyst Chase White raised the price target for Coinbase Global, Inc. (NASDAQ:COIN) from $295 to $365 and maintained a “Buy” rating. White believes that the company will grow because of its strong market share among retail customers and rising subscription and service revenues. White also highlighted near-term opportunities for Coinbase Global, Inc. (NASDAQ:COIN). These include the potential of Stablecoin and Base L2, a Layer 2 blockchain solution developed by the company to improve Ethereum’s scalability. The analyst noted that the market cap of USDC is nearing all-time highs and that Coinbase Global, Inc. (NASDAQ:COIN) has an advantage over its competitors like Tether in on-chain transfer volumes. White expects financial institutions to adopt these platforms, especially after potential legislative changes in 2025.

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