UPDATE 3-Coinbase valued at $100 bln in Nasdaq debut

(Updates shares, adds comments from Coinbase CFO)

By Echo Wang

April 14 (Reuters) – Cryptocurrency exchange Coinbase Global Inc was valued at almost $100 billion in a Nasdaq debut on Wednesday that marked another milestone in the development of bitcoin and other digital assets.

The company’s stock market debut, done through a direct listing where no shares are sold ahead of the opening, comes amid a surge in the value of cryptocurrencies which has lured a clutch of mainstream, top-tier firms…


Source link

About search

Check Also

Russia arrests another senior Defense Ministry official on bribery charges amid broader shake-up – Yahoo! Voices

Russia arrests another senior Defense Ministry official on bribery charges amid broader shake-up – Yahoo! Voices

[unable to retrieve full-text content]Russia arrests another senior Defense Ministry official on bribery charges amid …

Leave a Reply

Your email address will not be published. Required fields are marked *