Coinbase Becomes the First Crypto Exchange to Launch on US Stock Market Published April 22, 2021 by Elana K The entrance of Coinbase into the US stock market reflects a change in the way cryptocurrencies are being viewed by the finance industry and the entire world. Leading up to the Coinbase debut on Nasdaq on Wednesday, Bitcoin reached a record high of $63,236 and ether, bitcoin’s runner-up (for the time being), also hit a new record of $2,230. Coinbase is the largest cryptocurrency exchange in the United States and the third-largest in the world, following the Chinese platforms Binance and Huobi Global. Its entrance into the US stock market reflects a change in the way cryptocurrencies are being viewed by the finance industry and the entire world.