Coinbase, the largest cryptocurrency exchange in the U.S., becomes a public company today with the ticker COIN. The company has eschewed a traditional initial public offering (IPO).
What will Coinbase IPO price be?
Coinbase, which allows people and companies to buy and sell digital currencies, began publicly trading on Wednesday. Its shares ended their first day of trading at $328.28 after receiving a reference price of $250 each, down from their high of about $425.
When did Coinbase go public?
Coinbase Global Inc., the largest cryptocurrency exchange in the U.S, will be listed on Nasdaq on April 14 after receiving official approval from the SEC.