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Cryptocurrencies: 25790
Markets: 103915
Market Cap: $2,646,741,513,137     
24h Vol: $90,734,722,169
Seeking Alpha 2021-02-17 14:00:18

Coinbase valued at $77B ahead of IPO - that's more than ICE

Coinbase valued at $77B ahead of IPO - that's more than ICE
Ahead of what's expected to be a direct public listing in the next few months, Coinbase (COINB) is being valued at $77B based on trades taking place on the Nasdaq Private Market, reports Coindesk.According to the story, a third weekly deal closed at the end of last week for $303 per share - that's up from $200 in the first week of Private Market trade.At $77B, Coinbase would have a higher market cap than the $63B ICE (ICE), the owner of the New York Stock Exchange, among other assets.
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