{"id":40757,"date":"2021-04-14T17:54:21","date_gmt":"2021-04-14T14:54:21","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40757"},"modified":"2025-08-30T15:36:33","modified_gmt":"2025-08-30T12:36:33","slug":"bloomberg-flags-expected-opening-price-for-coinbase-shares","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bloomberg-flags-expected-opening-price-for-coinbase-shares\/","title":{"rendered":"Bloomberg flags expected opening price for Coinbase shares"},"content":{"rendered":"<p>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.\u00a0<\/p>\n<p><script async=\"\" src=\"https:\/\/telegram.org\/js\/telegram-widget.js?14\" data-telegram-post=\"forklog\/18673\" data-width=\"100%\"><\/script><\/p>\n<p>This news has already prompted a correction in the COIN\/USD futures price on FTX \u2014 the price slid to around $470, although Nasdaq had set the reference price at $250 as recently as yesterday.<\/p>\n<div class=\"wp-block-text-wrappers-update article_update\"><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>According to Reuters, the opening price will be $349.<\/p>\n<\/div>\n<div class=\"wp-block-text-wrappers-update article_update\"><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>According to sources at The Block, the expected opening price has risen to $374.<\/p>\n<\/div>\n<p>As of 17:45 Moscow time, trading had not yet begun.\u00a0<\/p>\n<p>The tokenized COIN <a href=\"https:\/\/forklog.com\/en\/news\/binance-to-list-tokenised-coinbase-stock-tokens\"> shares will be available on Binance<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":1,"featured_media":40758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1569,138,1286,1211],"class_list":["post-40757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bloomberg","tag-coinbase","tag-listing","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=40757"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40757\/revisions"}],"predecessor-version":[{"id":40759,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40757\/revisions\/40759"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/40758"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=40757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=40757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=40757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}