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April 14, 2021 06:04 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/SYBSRWRxoa4/coinbase-opens-at-102-billion-valuation-on-first-day-of-public-trading
Coinbase Opens at $102 Billion Valuation on First Day of Public Trading
Cryptocurrency exchange Coinbase opened trading on Wednesday at $381 per share, giving it a fully diluted market value of around $102 billion. From a report: This is a slight premium to the most recent private trades for Coinbase stock, and more than 50% higher than the reference price set last night by the Nasdaq. Coinbase's public listing has been among the most anticipated in recent years, with expectations it will garner a massive market cap. Further reading: Coinbase's blockbuster debut is a 'watershed' for crypto -- but there are risks ahead.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/SYBSRWRxoa4/coinbase-opens-at-102-billion-valuation-on-first-day-of-public-trading
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