Coinbase News

Coinbase, one of the largest cryptocurrency exchanges in the world, recently announced its plans to go public through a direct listing on the NASDAQ exchange. The company’s estimated valuation is expected to reach as much as $100 billion. Coinbase has seen tremendous growth in recent years, with revenue increasing by over 700% from 2018 to 2020. The platform supports trading in over 50 cryptocurrencies and has over 43 million registered users. With its public listing, Coinbase will bring a new level of visibility and legitimacy to the cryptocurrency industry, further fueling its growth. The impact of the listing on the cryptocurrency market and the wider financial industry remains to be seen, but it’s an exciting time for the world of crypto.