All the ways the Coinbase stock listing may disrupt the crypto market


After an extended period of speculation as to when Coinbase would finally go live with its public stock listing, the United States-based cryptocurrency exchange released a blog post earlier this month stating that it had registered with the U.S. Securities and Exchange Commission to hold a direct listing on Nasdaq on April 14.

In this regard, Coinbase’s Class A common stock is expected to trade on the Nasdaq Global Select Market under the ticker symbol “COIN.” The cryptocurrency exchange had previously set its eyes on a March listing, however, after signing a settlement deal with the U.S. Commodities and Futures Trading Commission worth $6.5 million last month — regarding the alleged improper reporting of exchange volume and “self-trading” — the exchange had to delay its plans.

Coinbase executives had submitted a registration draft with the SEC all the way back in December 2020. However, due to certain issues, the exchange announced that it would be pursuing a direct listing through Nasdaq in early 2021. It was estimated that Coinbase will be valued at around $100 billion at the time of its listing.

Will Coinbase’s listing leave an indelible mark on the crypto market?

Since its launch nearly a decade ago in 2012, Coinbase has transformed into one of the largest cryptocurrency exchange platforms in the world, with Coinbase Pro itself handling more than $3 billion in daily transaction volume.

Alex Mashinsky, CEO and founder of cryptocurrency yield earning platform Celcius, believes that the Coinbase listing can be…



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