Here comes Coinbase...

Discussion in 'Crypto Assets' started by Overnight, Dec 17, 2020.

  1. zghorner

    zghorner

    I remember saying something like this before going balls deep in GBTC lets February 2018...
     
    #11     Dec 18, 2020
    johnarb likes this.
  2. mlawson71

    mlawson71

    Shares of Coinbase Global Inc. were traded at an average price of about 350 USD each at a private auction held by Nasdaq, giving the San Francisco based crypto currency exchange a total valuation of about 90 billion USD, before the company goes public.

    The Nasdaq Private Market auction ended last Thursday and is probably the last chance for investors to trade Coinbase stocks before its public listing, which is expected to go ahead in the end of March.

    In the beginning of the auction some Coinbase shares were traded at a price above 375 USD, which would have given the company a total valuation exceeding 100 USD.
     
    #12     Mar 9, 2021
    johnarb likes this.