CoinGapeNews

Breaking: Coinbase Registers 114.9 Million Shares For Direct Listing on Nasdaq

Coinbase has registered 114.9 million of its shares for a direct listing on Nasdaq as per a report from Reuters. The cryptocurrency exchange announced its plans of making a public debut towards the end of last year and filed the S1 Form with the SEC in the last week of February revealing its plans of direct public listing on Nasdaq.
Earlier reports suggested that the firm was targeting a share price of $200 apiece, however, post its S1 filing, its pre-market valuation has exceeded $100 billion as many believe the actual valuation might exceed further. Accounting for the current 115 million shares listing and a pre-market valuation of $100 billion-plus suggest that the share price will be much higher than the early price target of $200.
 
This story is being updated
The post Breaking: Coinbase Registers 114.9 Million Shares For Direct Listing on Nasdaq appeared first on Coingape.
Story continues on CoinGape

Related posts
AltcoinsAnalysisHideCryptopanicNewsNews 1SocialTrading View

Chainlink, Cosmos, Dash Price Analysis: 17 March

Thanks to the altcoin market’s traditionally high correlation with Bitcoin, the likes of Chainlink, Cosmos, and Dash have often been too quick to follow the lead of the world’s largest cryptocurrency.The post Chainlink, Cosmos, Dash Story continues on AMB Crypto
Accumulated POWBeepleBitcoin.comNewsNFT artNFT AuctionsNFT environmental impact

Beeple Joins NFT Allstar Artists to Combat Climate Change with Charity Fundraiser

Social Alpha Foundation is set to auction works from top NFT artists on the Nifty Gateway to support Open Earth Foundation’s efforts to bring open digital solutions designed to address climate-related issues. Auction Sponsor Render Network To Donate Carbon Credits…
CoinGapeNews

Grayscale Adds 10K Ethereum (ETH) As Price Flirts Around $1800, Whale Addresses Holding Strong

After moving past $1900 levels last Saturday, Ethereum (ETH failed to break past its all-time high above $2000 and has retraced back. At press time, ETH is trading at a price of $1781 with a market cap of $204 billion….