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Sources Said Coinbase Chooses Nasdaq For Direct Listing

Mary Liu

Summary: Sources said the crypto exchange Coinbase has chosen Nasdaq for its direct listing, according to The Block. It is reported that the Nasdaq Private Market launched a secondary market for Coinbase shares on January 25 with a price of $200 per share, and the company has 254 million outstanding shares, which means that Coinbase's valuation is about ...

Sources said the crypto exchange Coinbase has chosen Nasdaq for its direct listing, according to The Block.

It is reported that the Nasdaq Private Market launched a secondary market for Coinbase shares on January 25 with a price of $200 per share, and the company has 254 million outstanding shares, which means that Coinbase's valuation is about $50 billion. 

As of press time, Coinbase and Nasdaq declined to comment.

By Mary Liu

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