Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021.
Michael Nagle | Bloomberg | Getty Images
Newly public Coinbase is set up to be a smart, if volatile, bet on the future of cryptocurrency, according to investment firm Oppenheimer
Analyst Owen Lau initiated coverage of the stock on Monday night with an outperform rating, saying the company should benefit from cryptocurrency's ability at easing financial issues such as cross-border payments and access to banking.
