Open Demo Account
Home / Market Update / Cryptocurrency / Coinbase Foresees Strong Stock Market Debut

Coinbase Foresees Strong Stock Market Debut

M. Ali 14 April, 2021 7:51 pm Cryptocurrency, Global Stock Market, Market Update

Coinbase Global Inc witnessed a strong debut on the stock market on Wednesday, reaching a valuation of around $91 billion.

Today marked the Cryptocurrency exchange debut on the Nasdaq, which indicated to open at a share price of $350-355, compared with a a reference price of $250.

Listing the company marks another step for crypto assets in the mainstream market. It did not take place through a conventional initial public offering (IPO), as it was instead launched to investors through a direct listing.

Tags

Check Also

Rate Cut Bets Anchor US Stocks Amid Government Shutdown and Tariff Noise

The Dow Jones Industrial Average (DJIA) began the week on shaky ground, briefly slipping after …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends