Connect with us

Business

‘Watershed moment’ as Coinbase IPO widens crypto investor pool – Sydney Morning Herald

Listing opens the door for institutional and ultra-conservative investors to ride the booming popularity of digital coins, without needing to hold any themselves….

Published

on

Article feature image

The public listing of cryptocurrency exchange Coinbase, with an expected valuation of $US100 billion, will open the door to more investors riding the bitcoin wave without having to directly buy the digital currency.
Coinbase is the largest US-based cryptocurrency exchange, used by 56 million people to buy, sell and trade cryptocurrencies. Its IPO comes amid a surge of interest in cryptocurrencies, fuelled by bullish investment from the likes of Tesla and MassMutual, as well as new applications for…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending