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Coinbase Awards All Employees 100 Shares in Surprise Giveaway

Amy Liu

Summary: When Coinbase goes public on Wednesday, the list of people eligible to cash in will be longer than expected. That's thanks to a recent decision by the company to hand out 100 shares to its approximately 1700 employees around the world. The giveaway means that every full-time employee at the company is poised to become ...

When Coinbase goes public on Wednesday, the list of people eligible to cash in will be longer than expected. That's thanks to a recent decision by the company to hand out 100 shares to its approximately 1700 employees around the world.

The giveaway means that every full-time employee at the company is poised to become $25,000 richer based on a $250 reference price set by the NASDAQ stock exchange on Tuesday. A Coinbase spokesperson described it as a "thank you" to the company's staff.

By Amy Liu

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