14-04-2021 19:29 via kvoa.com

Coinbase soars in market debut, valued near $100 billion

Coinbase made a rousing debut on Wall Street, with the digital currency exchange’s first trade of $381 giving it a market value near $100 billion. The company’s listing on a public stock exchange is seen by some as an inflection point for digital currencies, as Coinbase’s fortunes are closely tied to Bitcoin, the most popular cryptocurrency. Bitcoin has topped $63,000, up from $29,000 at the start of the year, and Coinbase said recently that first-quarter revenue should total a
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