{"id":35704,"date":"2021-02-02T09:36:14","date_gmt":"2021-02-02T07:36:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35704"},"modified":"2025-08-29T02:36:58","modified_gmt":"2025-08-28T23:36:58","slug":"media-coinbase-to-pursue-direct-listing-on-nasdaq-reports-say","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/media-coinbase-to-pursue-direct-listing-on-nasdaq-reports-say\/","title":{"rendered":"Media: Coinbase to pursue direct listing on Nasdaq, reports say."},"content":{"rendered":"<p>The largest U.S. cryptocurrency exchange Coinbase has chosen Nasdaq as the venue for going public via a [simple_tooltip content=\u2019the process of a company going public in which existing shares are sold by shareholders rather than newly issued shares\u2019]direct listing[\/simple_tooltip]. <a href=\\\"https:\/\/www.theblockcrypto.com\/linked\/93294\/coinbase-nasdaq-direct-listing\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">The Block<\/a> reported this, citing sources familiar with the situation.<!--more--><\/p>\n<p>\\n<\/p>\n<p>On January 25, Nasdaq Private Market launched a secondary market for Coinbase shares. Existing shareholders of the cryptocurrency exchange were able to sell their holdings before Coinbase became public.<\/p>\n<p>\\n<\/p>\n<p>According to sources, one Coinbase share on Nasdaq Private Market was valued at $200. Together with 254 million outstanding shares, this implies a market capitalization of about $50.8 billion. On the FTX derivatives exchange, this valuation stands at <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-launches-pre-ipo-coinbase-stock-price-futures\">futures on Coinbase stock<\/a> priced at $277.<\/p>\n<p>\\n<\/p>\n<p>As reported in July 2020, Reuters, citing sources, reported that the company was preparing to float shares on the stock market.<\/p>\n<p>\\n<\/p>\n<p>In December, analysts conservatively valued Coinbase&#8217;s potential market capitalization after going public <a href=\"https:\/\/u1f987.com\/en\/news\/messari-puts-coinbase-valuation-at-28-billion\">at $28 billion<\/a>.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The largest U.S. cryptocurrency exchange Coinbase has chosen Nasdaq as the venue for going public via a direct listing. The Block reported this, citing sources familiar with the situation.<\/p>\n","protected":false},"author":1,"featured_media":35705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,1286,768,1211],"class_list":["post-35704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-listing","tag-nasdaq","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35704"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35704\/revisions"}],"predecessor-version":[{"id":35706,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35704\/revisions\/35706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35705"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}