Coinbase’s reference price of $250, received ahead of the Nasdaq direct listing, values a “thank you” gift to all 1,700 full-time employees at $25,000.
The popular trading app offers commission-free trading for Bitcoin, Ethereum and other cryptocurrencies.
Coinbase raked in $1.8 billion revenue in the first quarter of this year according to new figures released one week prior to the company’s public listing on the Nasdaq.
A number of factors indicate that the present is a beneficial time for eToro to go public, according to the company’s CEO.
Brian Armstrong compares Coinbase to Amazon in the early days in terms of innovations that will benefit customers.
The popular trading app has submitted a draft registration statement on Form S-1 with the SEC.
Crunching the numbers: Analysts and industry experts weigh in on crypto firms like Coinbase and Kraken being valued in the billions.
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap.
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter.
The bitcoin fund is available in both U.S. dollars and Canadian dollars and is listed on the Toronto Stock Exchange.