These 3 Charts Explain the ‘Coinbase Premium’ on Its Stock Price
Coinbase is not an "exchange." Its valuation points to different analogies in traditional finance and the desire for a passive, diversified investment in crypto.
The move by an ever-regulated Coinbase could be read as vindication for Tether, long criticized as less-than-forthright about its financials.
The revised Token Safe Harbor proposal defines what a successful project would look like.
The NYSE participated in Coinbase’s Series C $75 million funding round in January 2015.
Coinbase is for sure going to buy more companies. And with the success of its stock listing, other crypto companies are sure to follow and will also do what public companies do: buy things.
The amount represents roughly 1.5% of his holdings.