Cryptocurrency News

Goldman Sachs & Nasdaq Sets Coinbase Stock Trading At $250 USD Per Share.

Goldman Sachs in collaboration with Nasdaq has decided Coinbase stock should start trading at $250 USD per share.

That’s a valuation of $66.5 Bln, assuming an estimated 266.2 Mln shares outstanding.

The reference price is discovered using public financial information alongside market sentiment and is typically a conservative estimate. This figure came is 27% less than what Coinbase earlier traded at within the private secondary market, $343.58 USD per share.

Leave a Comment

Your email address will not be published. Required fields are marked *