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Coinbase, the world s second-largest cryptocurrency exchange, went public on the Nasdaq this week. Not bad going for a company that began life in a loft and deals in what John Oliver once described as “everything you don t understand about money, combined with everything you don t understand about computers”.
Coinbase drags crypto into the mainstream
In September 2017, Bloomberg reported that Jamie Dimon, then chief executive of JPMorgan Chase & Co, called Bitcoin a “fraud” and said he would fire any employee trading it for being “stupid”.
Earlier this week, Coinbase, the largest cryptocurrency exchange in the US, went public with a direct listing on the Nasdaq.