Wall Street has recently shown a clear shift in attitude towards a leading compliant platform.
On January 5th, Goldman Sachs was the first to upgrade its rating to "Buy," with a target price set at $303. Just three days later, Bank of America also followed suit, raising its rating to "Buy" and increasing the target price to $340. The two giants' optimistic outlooks are worth analyzing.
The key to these rating adjustments lies in Wall Street's change in perception of this platform. Previously, they viewed it solely as a crypto exchange, but now their understanding has evolved — it is not only a trading tool but also a crucial gateway for tokenizing real-world assets (RWA) and an important participant in the prediction market sector.
From a different perspective, this shift in perception reflects an overall judgment on the evolution of the crypto ecosystem. Moving from simple crypto-to-crypto trading to the integration of RWA and prediction markets, this platform is being revalued. Wall Street's two consecutive "Buy" ratings, to some extent, indicate institutional investors' updated views on the practical application of Web3 scenarios.
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JustHereForMemes
· 01-12 20:49
Goldman Sachs and Bank of America are taking action one after another; this time, it really seems different.
RWA indeed has some potential, but can the prediction market really take off?
Wall Street changing its tune so quickly—could this be just another tactic before cutting the leeks...
Compliance platforms are now so valuable; why wasn't anyone paying attention last year?
From exchanges to RWA entry points, this narrative upgrade is impressive.
Anyway, institutional entry always works like this—spend money first, then tell the story.
A target price of $340 feels a bit exaggerated.
Following this logic, should other exchanges also start to rise?
Same as always, Wall Street's words sound good, but it depends on whether they can truly be implemented.
Two consecutive buys—are these genuine institutional consensus or just benchmarking logic...
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ReverseTrendSister
· 01-12 20:38
Wall Street's move is basically a case of being late to the game; they should have seen this a long time ago.
It's both RWA and prediction markets, sounds good in theory, but can it really be implemented? I remain skeptical.
At $340, it feels a bit overvalued...
Wait, will it really go up or are we about to get trapped again?
Institutional buy-in... it's a bit strange.
Honestly, I don't quite believe this round of pricing; history always repeats itself.
Wall Street has finally woken up, but is it a bit too late?
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MEVictim
· 01-12 20:32
Wall Street is really starting to take Web3 seriously, from exchanges to RWA to prediction markets. This re-pricing is a bit something.
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LayerZeroHero
· 01-12 20:29
Wall Street's recent moves really seem to have caught a whiff of something... RWA is definitely the next story.
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NewPumpamentals
· 01-12 20:29
This move on Wall Street is quite interesting; the RWA sector is the real gold mine.
Wall Street has recently shown a clear shift in attitude towards a leading compliant platform.
On January 5th, Goldman Sachs was the first to upgrade its rating to "Buy," with a target price set at $303. Just three days later, Bank of America also followed suit, raising its rating to "Buy" and increasing the target price to $340. The two giants' optimistic outlooks are worth analyzing.
The key to these rating adjustments lies in Wall Street's change in perception of this platform. Previously, they viewed it solely as a crypto exchange, but now their understanding has evolved — it is not only a trading tool but also a crucial gateway for tokenizing real-world assets (RWA) and an important participant in the prediction market sector.
From a different perspective, this shift in perception reflects an overall judgment on the evolution of the crypto ecosystem. Moving from simple crypto-to-crypto trading to the integration of RWA and prediction markets, this platform is being revalued. Wall Street's two consecutive "Buy" ratings, to some extent, indicate institutional investors' updated views on the practical application of Web3 scenarios.