Boris Wertz s Version One Ventures wins big as Coinbase shares soar in debut theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
April 14, 2021, 5:00 a.m. ET
SAN FRANCISCO Digital currency, once mocked as a tool for criminals and reckless speculators, is sliding into the mainstream.
Traditional banks are helping investors put their money into cryptocurrency funds. Companies like Tesla and Square are hoarding Bitcoin. And celebrities are leading the way in a digital-art spending spree using a technology called an NFT.
On Wednesday, digital or cryptocurrencies will take their biggest step yet toward wider acceptance when Coinbase, a start-up that allows people to buy and sell cryptocurrencies, goes public on Nasdaq. Coinbase shares received a reference price of $250 each on Tuesday evening, which would value the company at $65 billion based on all its outstanding shares.
Pale Blue Dot aims to be Europe’s premier early-stage climate investor and has $100 million to prove it
When Hampus Jakobsson, Heidi Lindvall, and Joel Larsson, all well-known players in the European venture ecosystem, began talking about their new firm Pale Blue Dot, they began by looking at the problems with venture capital.
For the three entrepreneurs and investors, whose resumes included co-founding companies and accelerators like The Astonishing Tribe (Jakobsson) and Fast Track Malmö (Lindvall and Larsson) and working as a venture partner at BlueYard Capital (Jakobsson again), the problems were clear.
Their first thesis was that all investment funds should be impact funds, and be taking into account ways to effect positive change; their second thesis was that since all funds should be impact funds, what would be their point of differentiation that is, where could they provide the most impact.
8 hours ago
Coinbase Global Inc. will list its shares on the NASDAQ stock exchange on Wednesday, in what is the most highly anticipated stock listing this year for the crypto-currency community globally.
The San-Francisco based crypto-exchange was founded in 2012 by former Airbnb engineer Brian Armstrong and former Goldman Sachs trader Fred Ehrsam. It is the largest crypto-exchange in the United States and will be the first crypto-exchange to list on a stock exchange. More than eight years after starting the company, Coinbase could be valued at over $100 billion if all goes well with the listing.
According to Coinmarketcap.com, Coinbase is the second largest crypto-exchange in the world supporting around $4.3 billion in crypto-trading every day. In the last few months, Coinbase has led the way for the mainstreaming of crypto-currencies by launching a debit card with VISA, issuing a stablecoin called USD Coin and creating a new payments service for merchants. The company has so far
Coinbase IPO | Trade on Coinbase Share Price cityindex.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityindex.co.uk Daily Mail and Mail on Sunday newspapers.