Coinbase ready to listed on NASDAQ

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Avatar for Surendra2568
3 years ago

Coinbase is getting ready

#NASDAQ exchange is starting on april 14th.this comes after several months of regulatory back and forth.the us securities (SEC)and exchange commissions decided to finally approve coinbase application to list its shares on the NASDAQ

After filling for IPO in december 2020 coinbase has finally a date to get listed on the NASADAQ

The company has been operating for several years (it was launched in Oct 2012 ) and it helps millions of users to get access to virtual currencies.

The company recognized for being an easy to use treding platform and exchange.now it's become a very useful platform to handle digital assets.

Coinbase was able to attract a large numbers of users due to how simple to get access to virtual currency's. The firm was generate $1.3 billion in 2020 .at the same time the company has now more than 43million user that want to get bitcoin and other digital assets.due to this reason coinbase could be valued at around $100 billions as soon as its get listed on NASDAQ.

Further more,another reason behind this large valuation could be related to how technology companies are now being valued.sevral of them have been in a bull market in a recent month and they have reached massively a high valuation.thus it is expected for coinbase have a valuation of $100 billions and fluctuat around this value.

Thanx for read plz like and share .I am new here. 🤔🤔

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Avatar for Surendra2568
3 years ago

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