Watch: Why this analyst says Coinbase is going to $500 (youtube.com)
CNBC's "Closing Bell" team discusses why BTIG is bullish on the Coinbase with analyst Mark Palmer of BTIG, who initiated a buy on the stock with a $500 price target. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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    Francisco Gimeno - BC Analyst Coinbase is exciting for investors both institutional and retailers. It's a new way of doing things, with a good future forecast, and moreover, it shows how the crypto landscape platforms can abide to regulations to protect customers, investors, while not stifling the development and potencial of disruption of new 4th IR techs. At this time, Coinbase has more advantages being the new kid of the block.