1/20/2024 0 Comments Coinbase value![]() ![]() Based on that, he said he believes that Coinbase could host hundreds of tokens within “years” and even potentially “millions” in the future. Speaking at TechCrunch Disrupt SF in September, CEO Brian Armstrong revealed that he sees a future in which every cap table will have its own token. Top Cryptocurrencies Rise Bitcoin Hovers Over 37,500. As we noted, Coinbase currently allows trading to just a handful of cryptocurrencies, but it has long harbored ambitions to expand beyond that. Coinbase Global Insider Sold Shares Worth 480,639, According to a Recent SEC Filing. FTX Token is 91.14 below the all time high of 53.19. In just the past hour, the price grew by 2.87. The price increased by 13.99 in the last 24 hours. Coinbase is also the company that every investor has wanted to invest in it’s been a known winner for a while now, so its performance isn’t a huge surprise.Īnd now with $300 million, Coinbase is well-capitalized to survive either a market downturn (one will come eventually), and the current Crypto Interregnum.Ĭoinbase’s chief executive certainly thinks the market will grow. The price of FTX Token has risen by 32.70 in the past 7 days. However, at least in the case of Coinbase, that wager likely wouldn’t have worked. During the last few crypto booms, some investors said that it was probably simpler to just invest in various tokens instead of companies working on blockchains - faster returns and your money would be more liquid, to boot. It shows that the wager on a particular crypto company is looking like a better investment than putting money to work in nearly any of the other crypto assets that are for sale. The fact that it’s neither indicates how much farther the company has to grow, or the limits of the thesis that cryptocurrencies will take over the world. Watch NEW Set a price target alert After Hours Last Updated: 4:59 p.m. Indeed, if Coinbase’s capital raised figured is compared to the market cap of the world’s various cryptocurrencies and other similar assets, it would rank around 20th.īut the bet for investors is, and should be, that if cryptocurrencies are indeed the next big idea in the ways that humans determine value, then Coinbase should be worth far more than any of the assets that trade on its exchange. Overview Stock Screener Earnings Calendar Sectors Nasdaq COIN U.S.: Nasdaq Coinbase Global Inc. Bitcoin Cash, the currency forked from Bitcoin, is a distant fourth in valuation at $7.3 billion.Ĭoinbase’s Series E is nearly three times as much as the company raised in its Series D, and the fresh cash brings Coinbase’s total-capital-raised-to-date to over $520 million. That’s right, the only cryptocurrency assets that are worth more than the platform that trades them are Bitcoin, Ethereum and Ripple. Value ETFs Market Cap ETFs Real Estate ETFs Sector ETFs ETF Strategies. ![]() With its shiny new $8 billion valuation, Coinbase is now worth more than all but the top three cryptocurrencies that trade on the platform. Historical stock closing prices for Coinbase Global, Inc.
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