Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Galaxy on April 14, 2021, 01:50:49 PM

Title: Binance Will List Coinbase Stock Token (COIN) to Trade Against BUSD
Post by: Galaxy on April 14, 2021, 01:50:49 PM

Users of crypto exchange Binance will be able to trade fractions of Coinbase stock (COIN) after its listing on the Nasdaq.
Crypto exchange Binance plans to list a tokenized version of crypto exchange Coinbase's stock once it goes public later today. This will let users buy and sell fractions of a share, if they so wish.

Coinbase is set to go public via a direct listing on the Nasdaq, in what’s been described as a “watershed moment” for crypto. Nasdaq has given the stock, which will trade under the ticker COIN, a reference stock price of $250—providing a valuation of around $64 million.
Source: https://decrypt.co/66469/binance-will-list-coinbase-stock-token-coin-to-trade-against-bnb

Title: Re: Binance Will List Coinbase Stock Token (COIN) to Trade Against BUSD
Post by: Freemind on April 14, 2021, 01:58:31 PM

Yesterday was the news of being able to buy Tesla shares on Binance using BUSD, today it is Coinbase's turn, a sample of how well Binance knows how to do things to interconnect everything in one place. The term ecosystem takes on a much broader spectrum when Binance sets out to do something. I hope the rest of the exchanges don't fall asleep watching Binance get stuff like this.