Coinbase To Launch Platform For Pre-Listing Token Purchases, Boosting Shares ...
On Monday, Coinbase (COIN) announced the launch of a new platform that will enable retail investors to purchase digital tokens before they are officially listed on the cryptocurrency exchange. This initiative aims to provide “equitable access” to a broader range of tokens, ensuring clear disclosures and transparent terms for users. Coinbase Launches New Token Sales […]
Related News
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....
ASSEMBLE Protocol made its debut on the Coinbase Pro exchange on Wednesday 20th October 2021 according to the official disclosure made by Coinbase. ASSEMBLE Protocol’s token ASM was listed following massive demand from the community on the largest NASDAQ-listed U.S cryptocurrency exchange – Coinbase. The ASM token powers the Assemble Platform, which is purported at managing and spending integrated reward and loyalty points. Anticipation had been on the rise among holders ahead of the listing. With a user base of around 750,000, the project was primed for a big listing. ASM has also....
Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April. On Monday, the firm further announced intentions to sell $1.25 billion of convertible debt. Coinbase Shares Drop Below Reference Rate Coinbase Global, Inc. (Nasdaq: COIN) announced on Monday that it intends to sell $1.25 billion of convertible debt depending on market conditions. The company’s first shareholder letter published four days ago explains the firm has noticed strong....
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a Direct Listing Just recently people familiar with the matter received a tip that the exchange giant Coinbase had plans to sell shares privately ahead of the IPO. In mid-December, Coinbase revealed the confidential filing of an S-1....
Deutsche Boerse said "the only way for Coinbase to resume trading" is for the company to apply for a Legal Entity Identifier code. The Deutsche Boerse Group has said it will delist Coinbase's stock listing on its Xetra digital stock exchange as well as the Frankfurt Stock Exchange.According to Reuters, Deutsche Boerse said it would delist Coinbase Global from the two exchanges due to "missing reference data" for the shares. The group said someone involved in listing the Coinbase shares used an incorrect Legal Entity Identifier, or LEI, code. The code is a regulatory requirement for any....