Coinbase reference price set at 0 per share ahead of Nasdaq debut

Coinbase reference price set at $250 per share ahead of Nasdaq debut

By Echo Wang 

  NEW YORK, April 13 (Reuters) – Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc , projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday. 

  The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday. 

  Coinbase shares are set to start trading…


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