Coinbase valued at $83 billion in choppy Nasdaq debut - Netscape Money & Business
Coinbase valued at $83 billion in choppy Nasdaq debut By Echo Wang Reuters (Reuters) -Shares in Coinbase Global Inc had a choppy Nasdaq debut on Wednesday, with the cryptocurrency exchange's valuation swinging from as high as $112 billion to as low as $83 billion. Coinbase's stock market debut, done through a direct listing where no shares are sold ahead of the opening, marks another milestone in the development of bitcoin and other digital assets. It comes amid a surge in the value of cryptocurrencies which has lured a clutch of mainstream, top-tier firms dive into the space. Coinbase's st...