Coinbase’s verified user base exceeds 43 million

The number of verified users of Coinbase, the largest US cryptocurrency exchange, has surpassed 43 million. The total value of digital assets on the trading platform has risen above $90 billion. The information is stated on the company’s website.

In the updated About section, it is also noted that the platform is available in more than 100 countries. Coinbase employs over 1,200 people in total.

December 18 Coinbase filed for an IPO. Messari analysts estimated the company’s potential valuation after it achieved public status at $28 billion.

The derivatives exchange FTX issued futures contracts on the future price of Coinbase Inc.’s shares.

Futures quotes for Coinbase’s future share price. Data: The Block, FTX.

Since the start of January, Coinbase’s trading volume has exceeded $83 billion.

Data: The Block, Cryptocompare.

Recently Coinbase notified shareholders about the forthcoming launch of a secondary market for its Nasdaq Private Market-listed shares.

“This move is likely to allow current and former employees who hold stakes in the company to sell their shares,” shared The Block analyst Frank Chaparro.

Earlier, Coinbase acquired the blockchain-infrastructure solutions provider Bison Trails. Not long before that, the company acquired the institutional-focused startup Routefire and invested in the mining-software developer Titan.

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