That price for Coinbase, which has opted against a traditional IPO but instead will use a direct listing, means the company is valued at $65.3 billion.
NEW YORK: The Nasdaq on Tuesday set the reference price for cryptocurrency exchange Coinbase at $250 per-share ahead of the company's trading debut, one of Wall Street's most anticipated events of the year.
That price for Coinbase, which has opted against a traditional IPO but instead will use a direct listing, means the company is valued at $65.3 billion.
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