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Nasdaq Sets Coinbase Reference Price at $250

Nasdaq Sets Coinbase Reference Price at $250



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  1. I don’t care much about the share price itself but rather the market cap. If it lands at 65 billion, for reference, that is a little over 1/3 the size of Wells Fargo and about 1/6 the size of Bank of America.

  2. tldr; The Nasdaq stock exchange pinned a reference price of $250 a share on cryptocurrency exchange Coinbase on Tuesday, a day ahead of its direct listing. At that price, the exchange would be valued at about $65 billion. Analysts at MoffettNathanson put a $600 price target and a buy rating on the exchange.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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