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Lark Davis said that the Coinbase IPO is the best investment for 2021 by CoinQuora


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

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