COINBASE IPO / Tipping Point..

in #leofinance3 years ago

Today will be a very historical day for the #crypto community. One of the largest exchanges, @coinbase, gets listed on @nasdaq to start trading publicly. This will not only be a tipping point for the entire industry, but also a great way to spear head mass adoption of #cryptocurrencies 👌🚀

There's clearly a lot of excitement regarding this event. I have just come from twitter reading people's sentiments and I have to say, it's the one event that seems to bring us closer. A win for coinbase is a win for the entire space.

What you need to know.

  • Coinbase will list on April 14. The precise timing of the list isn’t clear.

  • Coinbase is set to go public on the Nasdaq under the ticker symbol “COIN” as a direct listing, meaning it isn’t raising any new money, as a company would under a traditional IPO.

  • Nasdaq gave Coinbase a reference price of $250 a share on Tuesday evening, which values it at over $65 billion.

Some bulls are projecting a valuation at $100 billion or better...Source

IMG_20210414_102642_422.jpg

Screenshot_20210414-104659_Twitter~2.jpg

How are you feeling about this event and are you going to participate in it?

CHEERS!

Sort:  

I hope they fix their price feed with the money they get from the IPO :)