Coinbase's COIN Stock to Go Live on Nasdaq April 14
Coinbase will begin the public trading of its stock on April 14, it said Thursday. The crypto exchange will also hold a first-quarter earnings call on April 6, providing a financial outlook for 2021, Coinbase said in a press release. There's been much anticipation about the Nasdaq listing. Prices for the shares are predicted to fall between $300 and $350, valuing the trading platform at about $100 billion. The listing would put Coinbase atop an emerging class of publicly traded firms dealing in bitcoin (BTC, +1.3%). Further, a $100 billion debut would make Coinbase more valuable than traditional tech stocks such as Uber.