Catalytic event or unbridled optimism? Coinbase approaches public listing

[Dociko]

Is a $100-billion valuation justified? Profit margins could tighten with increased competition.
The Coinbase direct stock listing could be a rite of passage for the blockchain and cryptocurrency industry, and the announcement on March 20 by the United States Commodity Futures Trading Commission of a $6.5-million fine against Coinbase for “wash trading” and filing misleading information probably won’t do more than postpone by a few weeks the distinction of being the first crypto-native corporation to be listed on a major U.S. stock exchange.
Source: Cointelegraph