
May 1st, 2025
While being applauded by many, the listing of Coinbase has been described as a “watershed event” for the global cryptocurrency industry by Wedbush Securities analyst Dan Ives.
As Coinbase investors are celebrating the market debut of the trading platform, it is pertinent to beware of the stiff competition that will be wielded by other trading platforms plying their trade in the US
As Coinbase heads for a blockbuster listing on Nasdaq, the company announces stock options for its team with each employee getting around 100 COIN shares.
The listing is set to go live after Coinbase stock might have become available on Nasdaq, however, the specific time for this listing remains unknown.
The Coinbase direct listing opens at $250 per share, which means that all the company’s 1,700 full-time employees will become $25,000 richer.
Coinbase is said to be valued at around $65.3 billion on a fully diluted basis with a reference price of $250.
Upon a successful DPO, Coinbase will be the first crypto exchange to go public.
On some level, the Coinbase Nasdaq listing solves this problem for Bitcoin. Upon listing, traditional investors would have indirect access to the crypto sector through the Coinbase platform.
Ahead of the direct listing of Coinbase stock tomorrow, this article profiles some basic things to consider before buying COIN shares.
During the past three months, Coinbase recorded a revenue of approximately $1.8 billion in comparison to $190 million recorded in the same time last year.
Many experts have come forward with definite opinions on the Coinbase listing, which is the first of its kind in the crypto industry.
Coinbase’s leading position in the market could tumble if other exchanges try to take a bigger slice of the market.
Coinbase has already made considerable investments in some of the decentralized financial projects including Dharma.
The crypto market has been seeing unusual growth these days, encouraging exchanges to go public. Kraken’s major rival in the US Coinbase has already received approval from the SEC for its direct listing.
Brian Armstrong has announced he will be releasing a collection of electronic music created in collaboration with DJ DAVI. He further confirmed that this will be released as NFTs, his announcement comes as the industry continues to capture major attention.