Major institutional backing signals shift in crypto market. Bank of America just upgraded its stance on Coinbase, reflecting growing confidence in the exchange's evolution. The fintech platform is positioning itself as an 'everything exchange'—moving beyond just spot trading into a broader ecosystem play. This kind of institutional recognition matters because it shows traditional finance seeing crypto infrastructure not as a speculative bubble, but as an emerging financial foundation. Coinbase's ambition to become a one-stop shop for multiple asset classes and services represents where the industry is heading. When legacy financial institutions start giving thumbs up, it typically precedes wider adoption cycles.