According to CoinMeta, Bernstein maintains a target price of $160 for Robinhood, believing that the company's crypto business has expanded into tokenization and market infrastructure. The report indicates that Robinhood's latest crypto products, including Robinhood Chain, tokenized stocks, Bitstamp, and Robinhood Earn, are creating new growth opportunities. Robinhood's stock price closed at $89.84 on Wednesday, with Bernstein estimating approximately 78% room for upside. The report also mentions that Robinhood Chain has processed over $12 billion in decentralized trading volume since its launch and completed more than 150 million transactions. Meanwhile, Robinhood Earn has accumulated over $200 million in customer deposits.