What Coinbase Going Public Means For Bitcoin Coinbase is set to go public in a highly-anticipated direct listing on the Nasdaq. Here's what the experts say about its potential impact on Bitcoin. In brief Experts have weighed in on what this means for Bitcoin. On April 14, cryptocurrency exchange Coinbase goes public via a direct listing on the Nasdaq. For the crypto industry, it's a milestone on the road towards mainstream acceptance; the first major cryptocurrency business to go public, with an estimated valuation of $100 billion. But what does Coinbase's public listing mean for Bitcoin—the crypto industry's flagship asset?
The popular answer is that Coinbase's public listing can only be a good thing for Bitcoin—the latest in a long line of high-profile events that validate the cryptocurrency against its naysayers.