Avoid Overvalued Coinbase: Buy These 10 Best Crypto, Bitcoin Stocks Instead
San Francisco-based cryptocurrency exchange platform Coinbase Global, Inc. (NASDAQ: COIN) went public on April 15 with a market capitalization of $86 billion. Coinbase CEO Brian Armstrong became one of the richest men in the world after the listing, with some 40 million shares he owns in the firm equating to almost $16 billion in value. The company was founded by Armstrong in 2012 and is one of the largest crypto exchange platforms globally and facilitates the buying, selling, and storage of digital currencies, including giants like bitcoin and ethereum.
What’s So Special About Coinbase IPO?