The capitalization of the crypto exchange Coinbase approached $100 billion
After a direct listing on Nasdaq, the capitalization of the Coinbase crypto exchange came close to $100 billion ($99.6 billion) right at the opening of trading, writes CNBC. Coinbase quotes started at $381 per security, while before the listing, Nasdaq gave investors a valuation of $250. Excluding options and restricted shares, the company's capitalization is about $ 80 billion, according to the full assessment, it is among the top 100 US companies.