Coinbase listing marks latest step in crypto’s march to the mainstream

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Coinbase listing marks latest step in crypto’s...
 © CyprusMail 2021
Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.

The listing is by far the biggest yet of a cryptocurrency company, with the San Francisco-based firm saying last month that private market transactions had valued the company at around $68 billion this year, versus $5.8 billion in September.

It represents the latest breakthrough for acceptance of cryptocurrencies, an asset class that only a few years ago had been shunned by mainstream finance,...


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Coinbase listing marks latest step in crypto’s march to the mainstream


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