Coinbase direct ipo

coinbase direct ipo

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The Coinbase Direct Listing Explained
Coinbase had a shot of becoming the most highly-valued new market entrant IPOs and new listings, to provide a ranking of companies that. Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol �COIN� on April. Coinbase, which has no official headquarters, opted to avoid an initial public offering (IPO) and instead directly list its shares on the Nasdaq.
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Coinbase is hitting the public market as a record amount of cash pours into cryptocurrencies and tech investors are thirsty for high-growth stories. We value your trust. Skip Navigation. That said, Spotify and Slack did not show unexpected volatility on the first day of trading after their respective direct listings.