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What Coinbase’s blockbuster IPO means for the future of crypto
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US cryptocurrency exchange Coinbase listed on the Nasdaq stock exchange last week, sparking another rally in cryptocurrency prices worldwide. Mint explains the significance of the listing, how it could change perceptions, and what it means for the industry in India.
Why is the Coinbase IPO important?
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. 18 Apr 2021
Coinbase, founded in 2012, is said to be the world’s largest cryptocurrency exchange as far as converting cryptocurrency to regular currency is concerned. The company started trading on the Nasdaq on 14 April at a valuation of almost $100 billion. The public listing is expected to boost the credibility of crypto trading and traders, who have faced pushback from governments all over the world, including in India. Publicl ....

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