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TuSimple Announces Pricing of Initial Public Offering
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TuSimple Announces Pricing of Initial Public Offering
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The Coinbase direct listing opens at $250 per share, which means that all the company’s 1,700 full-time employees will become $25,000 richer.
Today is a big day for Coinbase Inc: it is going public via a direct listing on Nasdaq. Amid the event, Coinbase decided to give all of its 1,700 full-time employees 100 shares, each worth $250 ahead of its listing. As a result, the majority of Coinbase shareholders will consist of its staff members.
Notably, the give-away does not apply to part-time employees and contractors who perform lower-level jobs. However, they don’t mind, as the company has always been generous to them. A prime example of how Coinbase treats its employees is awarding new members with Restricted Stock Units (RSU).
Binance and FTX list Coinbase stock tokens ahead of exchangeâs Nasdaq debut Major exchanges are elbowing for exposure to Coinbaseâs listing. 5950 Total views News
Major global cryptocurrency exchanges including Binance and FTX have announced the listing of Coinbaseâs stock token ahead of its direct listing on Nasdaq.
According to an announcement on Wednesday, Binance will list Coinbaseâs stock token (COIN) today, allowing its users to trade fractional Coinbase stock on the Binance website.
The new stock token will trade against Binance USD (BUSD), Binanceâs stablecoin, which is pegged to the United States dollar and issued by Paxos Trust Company.