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Coinbase Direct Listing Steadies Crypto Industry | Global Finance Magazine


Coinbase Direct Listing Steadies Crypto Industry
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Coinbase’s valuation has grown exponentially in recent years more than tenfold since late 2018, when the firm was valued at $8 billion in a private financing round. 
May 05, 2021
Coinbase Global, the largest cryptocurrency exchange in the US, made its debut on the Nasdaq on April 14. When the dust settled on its initial day, its price stood at $328.28. With a market cap of $86 billion, Coinbase invited comparisons with Facebook’s and Airbnb’s initial public offerings.
The event was notable for several reasons: Coinbase, with 56 million registered users, became the first crypto company to list on a US stock exchange; it was also Nasdaq’s first major direct listing. The firm sidestepped a typical IPO and the increasingly popular special purpose acquisition company (SPAC) as routes to the public. ....

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Remdesivir is 'not available, but being prescribed' | Noida News


Noida: While doctors continue to prescribe the ‘wonder drug’ Remdesivir to Covid patients, it’s their kin who are undergoing mental trauma as they go around searching for the injection at different hospitals, pharmacies and even at the district chief medical officer’s (CMO) office.
On Tuesday, a video explaining the dismal situation of helplessness of the public went viral, in which a group of women family members of Covid patients could be seen touching the feet of the Gautam Budh Nagar’s CMO pleading for the Remdesivir injection.
One of them, Kavita Gupta told TOI that her husband Inder Gupta has been admitted to Kailash hospital and needs the Remdesivir injection for treatment urgently. “His Covid report is now negative but he has chest infection. Doctors at the hospital say that his condition can improve only if he is given Remdesivir.” ....

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