Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to the private sale this week. Reports Indicate That Coinbase May Sell Shares via the Nasdaq Private Market Ahead of the IPO Coinbase is the biggest digital currency exchange in the United States and one of the largest trading platforms worldwide. At the time of publication, between BTC and ETH deposits,....
Related News
The major exchange is inching closer to a public offering. Prominent Bitcoin (BTC) and cryptocurrency exchange Coinbase could be headed for an IPO valuation of $100 billion, after shares reportedly sold for up to $375 each in a private auction.Shares in Coinbase Global Inc. reportedly traded for a price between $350 and $375 per unit on the Nasdaq private auction market last week, giving the company a pre-IPO valuation of between $90–$100 billion, according to a report by Bloomberg. Trading reportedly ended with the share price at $350.A Coinbase series E funding round in 2018 first saw....
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange Coinbase Intel has disclosed it owns Coinbase stock in a quarterly report submitted to the U.S. Securities and Exchanges Commission (SEC) on Friday. The Santa Clara, California-based technology company bought the stake following the listing of the cryptocurrency exchange this spring. According to....
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close to half that value and today, COIN is swapping for more than 45% lower at $187 per unit. Coinbase Follows Bitcoin With Shares Down 45% From ATH Coinbase (Nasdaq: COIN) is a popular crypto firm and digital asset exchange with 8.8 million monthly transacting users during its height in Q2 2021. The business founded by Fred Ehrsam and Brian Armstrong in 2012 officially went....
The San Francisco-based digital currency exchange plans to go public later this year. Coinbase, one of the world’s largest digital currency exchanges, has been rumored for some time to be considering a direct listing.In an official blog post, the cryptocurrency exchange disclosed plans to pursue a direct listing of its Class A common stock, pursuant to a registration statement with the United States Securities and Exchange Commission, or SEC. The Form S-1 registration statement will become effective after the securities regulator completes its review. The direct listing format would not....
From price volatility to becoming the most valuable U.S. exchange, here is how well Coinbase’s first day of trading tracks with other companies. American crypto exchange giant Coinbase went public on Wednesday with a direct listing on Nasdaq.The company’s performance on day one has been hailed as being positive overall, with Coinbase becoming the most valuable exchange in the United States ahead of legacy players such as the Chicago Mercantile Exchange.Coinbase’s first day of trading was seen by market commentators as a watershed moment for the crypto space, but how does its performance....