On March 31, around 50 people mostly students gathered in the atrium of the Farrell Learning and Teaching Center on Washington University’s medical school campus. They held white signs and sheets painted in bright red lettering.
Coinbase IPO Launch on Wednesday Confirms Crypto s Arrival as Asset Class
On 4/12/21 at 2:27 PM EDT
The planned launch of Coinbase s IPO this week coincides with Bitcoin s continued climb to what could be a new high and Wall Street s growing acceptance of the cryptocurrency as an asset class.
The cryptocurrency trading platform is scheduled to go public Wednesday via a direct listing on Nasdaq. Coinbase is a unicorn a privately held company valued at $1 billion or more and profits make it golden.
Gil Luria, an analyst at D.A. Davidson, said the deal is speculative, but could be an Amazon moment for investors.