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Bloomberg Names Estimated Starting Price For Coinbase Shares

Coinbase shares will start trading on the Nasdaq at $ 340, Bloomberg reports, citing knowledgeable sources. This assumes a capitalization of $ 88 billion, taking into account 261.3 million shares.

This news has already led to a correction in the COIN / USD futures on FTX – the price dipped to $ 470, although the Nasdaq yesterday set the reference price at $ 250.

As of 5:45 pm Moscow time, trading has not yet started.

The tokenized COIN shares will be available on Binance.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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