Consolidations Are Coming to Crypto
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.
Kraken’s head of growth said plans to go public in 2022 are still in the works.
The NYSE participated in Coinbase’s Series C $75 million funding round in January 2015.
According to Raymond James' definition, this stock will underperform its sector and should be sold.
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.