($BTC), Tesla Motors, Inc. (NASDAQ:TSLA) - Coinbase IPO: 7 Key Takeaways Investors Should Know
Cryptocurrency exchange Coinbase has filed for a direct listing to bring shares to the public market. The company’s direct listing could value the company at $100 billion, according to Axios. Coinbase last raised funds in 2018 at an $8 billion valuation. In 2017, Coinbase was valued at $1.6 billion. Shares of Coinbase will trade as ticker COIN on the Nasdaq. The company aims to bring cryptocurrency-based financial services to anyone with a smartphone, representing a market size of 3.5 billion people. Impressive User Base: Coinbase’s filing revealed how many users the company has: 43 milli...
Source: benzinga.com