This giant of Bitcoin and crypto-currencies has chosen NASDAQ – How Coinbase is going to go public

This giant of Bitcoin and crypto-currencies has chosen NASDAQ - How Coinbase is going to go public

A stock market entry that is taking shape – The terms of the IPO of the giant Coinbase are finally beginning to take shape. It seems that the platform has turned to the NASDAQ for its multi-billion dollar IPO.

Coinbase soon to be listed on the stock exchange

Coinbase soon to be listed on the stock exchange

Following its IPO filing with the SEC (Securities and Exchange Commission), new information revealed that Coinbase had chosen the NASDAQ market for its entry into the stock markets.

Pending its IPO, the secondary market offered by the NASDAQ to companies prior to their IPO allows Coinbase shareholders to sell their shares.

« The Controlled Liquidity Program is designed for companies, prior to their IPO, that seek to raise secondary capital for shareholders and investors. »

According to the same sources, the shares available on the private NASDAQ markets have reached $200. Given that the share has 254 million shares, this represents a valuation of $50 billion for Coinbase.

For their part, the « pre-IPO » contracts offered by the FTX exchange platform see shares trading at $277.

Will Coinbase manage to maintain its share price at this level at the time of the IPO? Time will tell. In the meantime, the Bitcoin giant is advancing its pawns.

This giant of Bitcoin and crypto-currencies has chosen NASDAQ – How Coinbase is going to go public
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