8/7/2023 0 Comments Coinbase ipo price![]() Total assets on platform grew from $90 billion in 2019 to $223 billion last year. How Does Coinbase Make Money?Ĭoinbase has been growing rapidly in just about every respect. That suggests a stratospheric valuation of about $100 billion. When Coinbase goes public on April 14, analysts have predicted COIN stock will trade at between $300 and $350 a share. No price has been set for the stock, but on private markets, shares were selling for between $200 and $375 a share in the first quarter. Since the company's founding in 2012, it has attracted $547.3 million in venture capital from such firms as Andreessen Horowitz, Draper Fisher Jurvetson, and Tiger Global Management. ![]() What Is the Coinbase Valuation?Īccording to Barrons, Coinbase was most recently valued at $68 billion. (NASDAQ: RIOT), but they got listed by doing a reverse merger rather than any kind of stock offering. Yes, other crypto stocks do exist, such as Hive Blockchain Technologies Ltd. The SEC filing said the company plans to offer 115 million shares of Class A common stock. A DPO is a good choice for a company like Coinbase that doesn't need additional capital at the moment. Unlike in an IPO run by investment banks, no new shares are created, so existing shares are not diluted. In a direct public offering (DPO), existing investors make their shares available for sale to the public. (NYSE: WORK), and Palantir Technologies Inc. Why Is Coinbase Doing a Direct Listing Instead of a Standard IPO?Ĭoinbase is going public via a direct listing, the same method that Spotify Technology S.A. Today, we're going answer all of your questions about the Coinbase stock listing. Sorry this signup opportunity has ended.īut proper research is the cornerstone of smart investing.
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