Cryptocurrency exchange Coinbase is preparing to be traded publicly in the next few months. It is a question of how this situation, which we are not used to seeing among crypto money exchanges, will have an impact on the market. In addition, the market value of the company was determined at a price well above expectations.
The corporate value of the Coinbase exchange was set by the Nasdaq private market at $ 77 billion. Bigger than Intercontinental Exchange Inc., which owns the New York Stock Exchange.
Coinbase refrains from commenting.
Coinbase pre-public offering futures contracts are traded on the crypto derivatives exchange FTX, at around $ 386 at the time of writing.