Coinbase stock surges in debut, valuing crypto exchange at $100 billion

3 years ago

coinbase surges in debut fKqoCJnow-trending

Coinbase’s market value rocketed to nearly $100 billion Wednesday as the cryptocurrency exchange’s stock price soared in its landmark trading debut. Coinbase shares hit the Nasdaq exchange at $381 apiece, notching a 52-percent gain from the $250 reference price that was set for the crypto giant’s direct listing. That opening price gave Coinbase a fully…

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