The US crypto par exchange Coinbase has decided on an IPO and continues its work. The company will hold an IPO at a price of $ 250 per share, valued at $65 billion.
Stock market with 30 times increase
According to the company’s reports to the US capital markets board SEC, the company has 261.3 million shares in its partners.
In an assessment made in 2017, Coinbase’s market value was measured at $1.7 billion. After the public offering, share prices are likely to rise with high interest and intense demand in the stock market.
It will not be a surprise that the attention that social media companies such as Facebook caught in the stock market 10 years ago is now turning to crypto money exchanges.