Friday, July 30, 2021
Home Crypto News Market Coinbase To List On Nasdaq On April 14 With Expected Starting Share...

Coinbase To List On Nasdaq On April 14 With Expected Starting Share Price At $300-350

- Advertisement -

Coinbase announced that the direct listing of the exchange’s shares on Nasdaq will take place on April 14.

According to forecasts, the shares will trade at $300-350, with the exchange valued at about $100 billion.


Cryptocurrency exchange Coinbase said on Twitter that the US Securities and Exchange Commission (SEC) announced the approval of the exchange’s application for a direct listing on Nasdaq, which will take place on April 14, 2021.

According to analysts forecasts, Coinbase shares under the “COIN” ticker will trade in the range of $300-350. The trading platform is valued at $100 billion.

According to CNBC, based on an average price of $343.58 per share, 39.6 million shares of Coinbase CEO Brian Armstrong will be worth $13.6 billion.

According to a press release from Coinbase, on April 6, the company will report its first-quarter earnings and financial forecasts for 2021.

student coin ico

Coinbase filed preliminary documents with the SEC to enter the stock market in December last year. Back then, the exchange was considering both a direct listing and an initial public offering (IPO). In January, Coinbase confirmed that it was going to enter the stock market through a direct listing as Class A common stock trading.

Earlier, the plan of the crypto exchange Coinbase for a direct listing on the Nasdaq in March failed and was postponed to April. The reasons for the delay in listing are unknown.

- Advertisement -
Albert Brownhttps://thecryptobasic.com/
Albert Brown has obtained his master's degree in Stock Trading And Investing. His specialty is analyzing the price actions of crypto and stock markets. Albert provides a major role in TheCryptoBasic as a crypto analyst. He is also known for his work on Twinkle Magazine and TipRanks.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Michael Saylor “Bitcoin Is Digital Real Estate And Is Now Held By More Than 114 Million People, Making It The Most Widely Held Financial...

Microstrategy CEO Michael Saylor always shows that he is a faithful supporter of Bitcoin. Microstrategy currently holds 105,085 BTC. Michael Saylor is among the...

Bitpay Adds Support For Litecoin And Newegg Becomes The First Merchant To Accept LTC Through Bitpay

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced support for Litecoin in the BitPay Wallet app. Consumers can buy, store and...

Yoroi Wallet To Release Dapp Connector That Will Allow Interactions Between Users And Dapps On Cardano Blockchain

Cardano (ADA) smart contracts are coming soon and so is its infrastructure advancing. window.coinzilla_display = window.coinzilla_display ||...

Ethernity Chain to Drop NFT of NAS’s Performance in South Africa on the 20th Anniversary of the end of Apartheid

Johannesburg, South Africa, 29th July, 2021, Ethernity Chain is proud to announce another unique NFT collection is coming to its ecosystem. This aNFT (Authenticated...

Wall Street Bitcoin Adoption Continues As State Street The Second-Oldest Continually Operating United States Bank To Offer Crypto Services

State Street Corporation, an American financial services and bank holding company, headquartered in Boston with operations all over the globe to Offer Crypto Services...

57,000 Bitcoin Left Crypto Exchanges In 24 Hours Showing Bullish Sentiments Along With 465,000 Bitcoins Transferred Between Coinbase And Unknown Wallets

BTC saw the largest outflow of funds in one day from crypto exchanges. Nearly 57,000 bitcoins were left crypto exchanges.  ...

According To PayPal CEO, Paypal Crypto Super App Is Code Complete And Will Launch Soon

PayPal, World Top payment provider company, has stated that its users will not need to wait longer for great crypto functionalities app coming soon.

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly