breaking news Coinbase have just announced public offering. should be an interesting one…
Finally, a big player in this space that we can buy into! Thanks for posting this.
Didn’t find any date… any idea?
Got a feeling this IPO will be massive
techcrunch article I read states “its debut looks to be an early-2021 affair.” , and if SEC don’t approve then not sure what will happen.
Will this be coming to Trading 212? Do we know?
It is very likely that it will be.
@Joey_Fantana does a very good job of requesting IPOs/Direct listings on the day .
I have just seen that Coinbase plans to do a direct listing:
@EquityInvestor I cannot confirm, but I heard that the Market Cap will be around 70B and a share price of around 200.
What revenues and profits does it have?
I’d also have to look at the balance sheet, but it sounds like very expensive.
Coinbase Pre-IPO contracts trading at an implied ~$70B market cap. If it holds, Coinbase would be worth:
20% of BTC
100% of ETH
300% of total DeFi market cap
- The most recent batch of 127,000 shares was sold Friday at $373, which works out to a valuation of $100.23 billion.
In case if someone wants to dive deeper before it all unfolds, there is a recent book: