Gil Luria, director of research at D.A. Davidson, talks about the upcoming Coinbase direct listing and his recent research note, “Introducing Crypto’s Amazon Moment.” In this episode, Gil discusses: his crypto background, including his experience as the first Wall Street analyst to cover Bitcoin back in 2013 (1:27) why the Coinbase IPO is going to be an inflection point for the crypto industry (3:02) why he gave Coinbase's upcoming stock a “buy” rating (4:14) who Coinbase's biggest competitors are (5:13) why Gil believes Coinbase is the “gold standard” in crypto (6:29) how investing in Coinbase stock compares to investing in actual crypto assets (8:13) how he came to $195 price target for COIN (10:39) why a $2 billion revenue estimate for Coinbase in 2021 might be conservative (12:01) how Coinbase is generating money outside of transaction fees (14:19) whether he expects the institutional adoption trend to grow (15:49) what his expectations are for the price of COIN on the day it opens (17:20) why GBTC is no longer trading at a premium to the spot price of bitcoin (18:20) whether Gil will continue to cover crypto (20:05) crypto News Recap (20:53) Thank you to our sponsor! Crypto.com: https://bit.ly/3jzkTAD Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla
