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Wednesday, 14 Apr 2021 03:45 PM MYT This illustration photo shows the Coinbase logo in the background as a person checks cryptocurrencies prizes on a smartphone in Los Angeles on April 13, 2021. — AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. LONDON, April 14 — Coinbase Global Inc, the biggest US cryptocurrency exchange, will list on the Nasdaq today, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset. The listing is by far the biggest yet of a cryptocurrency company, with the San Francisco-based ...

The listing marks a victory for digital currency advocates in a year that has seen a clutch of mainstream, top-tier firms dive into the space

By Syndicated Content By Tom Wilson and Anna Irrera LONDON (Reuters) - Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset. The listing is by far the biggest yet of a cryptocurrency company, with the San Francisco-based firm saying last month that private market transactions had valued the company at around $68 billion this year, versus $5.8 billion in September. It represents the latest breakthrough for acceptance of cryptocurrencies,...

Synopsis Still, some institutional investors voiced caution over long-term prospects for Coinbase and the cryptocurrency sector. Risks include Coinbase's exposure to a highly volatile asset, bitcoin, which is still subject to patchy regulation. AP Founded in 2012, Coinbase boasts 56 million users globally and an estimated $223 billion assets on its platform, accounting for 11.3% crypto asset market share, according to regulatory filings. London:Coinbase Global Inc, the biggest US cryptocurrency exchange, will list on Nasdaq on Wednesday, marking a milestone in the journey of virtual currencie...