On April 14, a direct listing of shares of the cryptocurrency exchange Coinbase on Nasdaq took place. The opening price was $ 381.
The COIN rate rose to $ 424, but at the time of writing is down to $ 395.
Coinbase’s market cap is over +$100bn, making it the world’s most valuable exchange $COINhttps://t.co/R53zgx21YU pic.twitter.com/BWuHBBKovb
— CompaniesMarketCap.com (@CompaniesMarke1) April 14, 2021
Today is a big milestone for Coinbase and an even bigger milestone for crypto. Thank you to our employees and customers for getting us here. Together, we can build the cryptoeconomy and create economic freedom for all. Join us for today’s events at https://t.co/kki68arv3O $COIN pic.twitter.com/Bvcu9R0otq
— Coinbase (@coinbase) April 14, 2021
“When we started Coinbase in 2012, Bitcoin was worth $ 6. Almost no one, except for the nerds from the Internet, knew anything about him. Bitcoin was a crazy idea to create digital money for everyone, ”wrote co-founder Fred Ehrsam.
On the day of listing, bitcoin surpassed $ 64,000, and the total market capitalization was $ 2.3 trillion.
“This is still the beginning. 1% of the most important technology for decades to come. Cryptocurrencies will change money and information, and the world is built on them. ”
On the eve of the Nasdaq set the reference price of Coinbase at $ 250, which implied a capitalization of $ 66 billion. On FTX, traders estimated COIN at more than $ 620.
Trading in tokenized COIN shares is available on Binance and FTX. The latter converts the COIN / USDT contracts into tokenized shares after the end of the first trading session.
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