Coinbase, Exchanges

How Much Will Coinbase IPO Start At?

It’s been a long time coming, but Coinbase is finally going public. The leading US-based cryptocurrency exchange announced its plans to go public via a direct listing on the NAsdaq on Thursday, April 14.

This move makes Coinbase the first major cryptocurrency company to go public in the US.

The move comes as Bitcoin continues to surge in popularity, with more and more institutional investors turning to the cryptocurrency as a safe haven asset amid economic uncertainty. Coinbase’s public listing is seen as a major step forward for the mainstream adoption of cryptocurrencies.

So, how much will Coinbase IPO start at? While the exact price has yet to be determined, Coinbase says it will start trading on the NAsdaq at a reference price of $250 per share. This gives the company a valuation of around $65 billion.

This is just the beginning for Coinbase. The company is sure to see even more growth in the years to come as cryptocurrencies become more widely accepted by the mainstream.

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