Coinbase, A Bitcoin Startup, Goes Public. Is Crypto Really The 'Future Of Finance'?
Coinbase's public debut comes as more institutions warm up to the idea of cryptocurrency and its popularity among investors soars.
by Bobby Allyn
Apr 14, 2021
3 minutes
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Coinbase, a San Francisco startup that allows people to buy and sell digital currency, became the first major cryptocurrency company to go public when it made its stock market debut on Wednesday.
Trading began around $381 a share, pushing the company's valuation close to $100 billion. That's about what Facebook was worth when it had its initial public offering in 2012.
Coinbase's listing on the Nasdaq under the ticker symbol "COIN" was heralded by enthusiasts as a turning point for once-obscure
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