Lark Davis said that the Coinbase IPO is the best investment for 2021
- Lark Davis, explains that Coinbase IPO will be the best investment in 2021.
- Coinbase Global launches its highly anticipated initial public offering.
- Coinbase is selling 114.9 million shares directly to the public, according to its IPO filing.
Crypto expert, Lark Davis, uploaded a video on his YouTube channel explaining how Coinbase’s IPO would be the best investment in 2021. This will in part be thanks to the near significant growth. here about the price of.
Coinbase Global launches its highly anticipated IPO. Furthermore, Coinbase is the largest US crypto exchange, listing around 50 cryptocurrencies for trading. Additionally, users are expecting Coinbase’s IPO to provide the crypto market with greater interest and reliability.
The company does not conduct a traditional IPO. Instead, it will be made public via a live listing. Existing owners of Coinbase shares will transfer their shares so that they can be traded. Doing this allows them to avoid high fees from investment banks.
Coinbase is selling 114.9 million shares directly to the public, according to Coinbase’s IPO filing. In addition, it plans to announce the reference price for the stock one day before trading begins.
Furthermore, Coinbase is worth between $ 70 billion and $ 90 billion. According to a preliminary and voluntary first quarter earnings report released last week, Coinbase says it has 56 million users on its platform. This is a clear increase from its 6 million users from a year ago.
This article was first published on coinquora.com
Fusion Media or anyone associated with Fusion Media will not be liable in any way for loss or damage resulting from dependence on information including data, quotes, charts and buy / sell signals contained in the this site. Please be fully informed about the risks and costs associated with trading the financial markets, which is one of the riskiest investments possible.