Coinbase | ForkLog

ForkLog 39 15.04.2021

Forbes: $300,000 invested by venture investor in Coinbase turned into $565 million

In 2012 and 2013, the venture firm Initialized Capital, founded by angel investor Garry Tan, invested $300,000 in Brian Armstrong's Coinbase startup. After the listing of the bitcoin exchange on Nasdaq, these investments turned into hundreds of millions of dollars, according to Forbes.

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ForkLog 26 15.04.2021

ARK Invest buys 749,205 Coinbase shares on debut

Asset-management firm Ark Invest, via three of its exchange-traded funds, bought 749,205 Coinbase shares on the first day of trading on Nasdaq.

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ForkLog 23 14.04.2021

Coinbase shares begin trading on Nasdaq; market capitalisation tops $100bn

On April 14, Coinbase's direct listing on Nasdaq took place. The opening price stood at $381.

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ForkLog 28 14.04.2021

Coinbase memorialises Nasdaq listing with a nod to the Bitcoin genesis block

At the request of the cryptocurrency exchange Coinbase, the mining pool F2Pool embedded into the Bitcoin blockchain the headline of The New York Times article 'House Gives Final Approval to Biden’s $1.9T Pandemic Relief Bill Mine' from The New York Times (NYT) dated March 10, 2021.

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ForkLog 7 14.04.2021

Bloomberg flags expected opening price for Coinbase shares

Coinbase shares are set to begin trading on Nasdaq at $340, according to Bloomberg, citing familiar sources. This implies a market capitalization of about $88 billion, based on 261.3 million shares.

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ForkLog 14 14.04.2021

Coinbase CEO sees non-trading businesses set to account for up to 50% of revenue

Coinbase co-founder and chief executive Brian Armstrong expects the company's non-trading business to grow substantially in the long term.

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ForkLog 17 14.04.2021

Coinbase Gives 100 Shares to Each Employee Ahead of Direct Listing

Ahead of its direct listing on Nasdaq, the cryptocurrency exchange Coinbase distributed 100 shares to each of its 1,700 full-time employees.

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ForkLog 18 14.04.2021

Nasdaq sets reference price for Coinbase shares at $250

On Tuesday, April 13, on the eve of Coinbase's listing, Nasdaq set a reference price of $250 for COIN stock. This implies a market capitalization of the crypto company of about $65 billion.

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ForkLog 20 14.04.2021

Binance to list tokenised Coinbase stock tokens

On Wednesday, 14 April, Binance will list Coinbase Stock Token (COIN), backed by a portfolio of real shares from the American exchange.

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ForkLog 10 13.04.2021

Media identify public company with the same ticker as Coinbase

Coinbase will list on Nasdaq under the COIN ticker — the same identifier has already been assigned to the shares of the London-based investment company Coinsilium.

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ForkLog 13 13.04.2021

Rapper Nas Among Coinbase Shareholders

In 2013 Coinbase closed a $25 million Series B funding round. Among the participants was QueensBridge Venture Partners, co-founded by American rapper Nas.

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ForkLog 9 12.04.2021

Coinbase Direct Listing: What Investors Should Expect

In 2021, Coinbase's stock-market debut could be the biggest listing by an American tech company since Facebook's IPO and the first major DPO on Nasdaq.

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