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Coinbase Direct Listing Excepted to Boost Valuation By Multiples

Cryptocurrency exchange Coinbase is looking at a possible $68 billion valuation as it prepares to go public on the Nasdaq stock exchange. So reports CNBC.

coinbaseCoinbase is planning a direct listing in lieu of a traditional initial public offering, and private shares of the company were trading for more than $343 each in Q1 2021.

The company boasts more than 43 million users trading in countries around the world.

Read the full article from CNBC.

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