
May 2nd, 2025
Upcoming Coinbase’s Nasdaq listing is considered to become one of the largest in the world which will help to put cryptocurrencies in the mainstream.
According to the detail provided, founder and Chief Executive Officer Brian Armstrong reportedly earned $60 million in the 2020 fiscal year.
DigitalOcean has filed to go public on the New York Stock Exchange under the ticker symbol “DOCN.” DigitalOcean joins Coinbase in a list of tech companies listed this wee
Kraken also mentioned the company’s plans to support technologies such as AI, machine and deep learning, and cybersecurity.
In the S-1 filing, Coinbase has made crucial disclosures to the public with its plans of launching direct stock listing on Nasdaq. As per its recent valuations, Coinbase pegs a value of over $100 billion.
Last Friday, Coinbase sold its recent batch of 127,000 shares at $373 putting the company’s valuation above $100 billion.
Coinbase is seeking to tap the entire Fortune 500 market, a move that would drive Bitcoin (BTC) market price astronomically high.
The reported growth of the Coinbase shares is a reflection of the blossoming business of cryptocurrency trading.
Coinbase will take a 25% commission on all the rewards received by their customers.
2020 was a quite successful year for the IPO space and 2021 is going to be a very interesting year to observe as well.
Apifiny did not disclose the financial details of the process of going public.
The Coinbase direct listing on Nasdaq is set to attract more investors into the crypto market industry.
With hardware wallets, the developers don’t make money by charging you regular fees. Instead, they take fees for creating hardware wallets so that you never have to pay anything else.
Coinbase has decided to join companies that chose direct listings rather than IPOs to go public and avoid diluting their existing shareholders and handing over cheap stock to new investors.
Institutional investors are beginning to take more interest in Ethereum. This is very similar to the way they adopted Bitcoin enmasse in 2020.