Coinbase goes public with a $100 billion valuation - and it's probably heading higher
Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage of surging demand (and prices) for bitcoin, ethereum and other digital currencies.Coinbase shares began trading at $381 a share, a more than 50% jump from the reference price for its stock of $250 a share. The stock quickly surged to about $415, a more than 65% gain.The company listed its shares di…
Coinbase goes public with a $100 billion valuation - and it's probably heading higher - Local News 8
Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage of surging demand (and prices) for bitcoin, ethereum and other digital currencies.Coinbase shares began trading at $381 a share, a more than 50% jump from the reference price for its stock of $250 a share. The stock quickly surged to about $415, a more than 65% gain.The company listed its shares di…