Coinbase Crashes The Party Share to Facebook Share to Linkedin Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York's Times Square, Wednesday, April 14, 2021. (AP Photo/Richard Drew) ASSOCIATED PRESS In a watershed moment for the bitcoin and crypto industry, industry headliner Coinbase made its public debut via a direct listing on Nasdaq. It was a volatile day of trading, but it ended with the crypto firm achieving a market capitalization of $86 billion, making it the largest direct listing ever. That said, despite this successful first day many questions and challenges remain for Coinbase as it gets used to life as a public company. Additionally, while there remains elevated interest from investors to buy the stock, there are important considerations to take into account first.