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Coinbase
Coinbase Plans to Go Public Wednesday, April 14th Barron’s, April 7, 2021 Coinbase, the largest U.S. cryptocurrency exchange, is scheduled to make its public equity-markets debut on April 14 as a direct listing. The surge in crypto helped Coinbase turn in a huge quarter. Trading volume was $335 billion, while verified users were 56 million, up from 43 million at the end of 2020. The San Francisco-based company could be valued at more than $100 billion.
The CEO of Coinbase, Adam Armstrong, is set to be one of the 100 richest men in the world.
I was skeptical about bitcoin and fintech for awhile.
According to the bitcoin standard book i was listening to, the point of bitcoin is that there are no price controls or surpluses or shortages and it can become a world currency…. i’m starting to think there is something to it. I mean this assumes enough people adopt it and believe in it.
2 articles that changed my mind —