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Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Altcoin1998$ on April 15, 2021, 12:52:49 AM

Title: Coinbase Closes First Day of Trading Down 14% From Debut Price
Post by: Altcoin1998$ on April 15, 2021, 12:52:49 AM
Coinbase wrapped its first day of public trading on Nasdaq with a share price of $328.

It’s down 14% from its debut at $381, but still up 31% from the reference price of $250.

The public debut of $COIN marks an important moment for the crypto industry. A product of the Y Combinator startup accelerator program, Coinbase is now the largest American crypto exchange, with a market capitalization of over $85 billion. It’s seen investments from the likes of Fred Wilson and Marc Andreessen, and played an important role in acquainting US retail traders with popular cryptocurrencies like Bitcoin and Ethereum.
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