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Coinbase, A Bitcoin Startup, Goes Public. Is Crypto Really The ‘Future Of Finance’? – NPR

Coinbase’s public debut comes as more institutions warm up to the idea of cryptocurrency and its popularity among investors soars.

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Coinbase on Wednesday became the first major cryptocurrency company to be publicly traded on the Nasdaq.
SOPA Images/SOPA Images/LightRocket via Gett
Coinbase, a San Francisco startup that allows people to buy and sell digital currency, became the first major cryptocurrency company to go public when it made its stock market debut on Wednesday.
Trading began around $381 a share, pushing the company’s valuation close to $100 billion. That’s about what Facebook was worth when it had its initial public…

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