Business
The Coinbase (NASDAQ:COIN) IPO price has been announced
Last week, we discussed how Westpac Banking Corp (ASX: WBC) was set to enjoy an upcoming windfall. The source of this windfall? An investment the Westpac-backed venture capital fund Reinventure made in a US company by the name of Coinbase.
Coinbase provides an exchange for investors to buy and sell cryptocurrencies, where users can trade popular cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Ripple (CRYPTO: XRP)
Reinventure made a $50 million investment in Coinbase back in 2015. That investment could now be worth much more tomorrow. Coinbase is about to list over in the US on the Nasdaq exchange (ticker to be NASDAQ: COIN). And we’ve just found out its listing price.
Coinbase set to debut…
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