Coinbase’s recent S1 filing has been hailed as something of a watershed moment.

What might be most incredible is that private markets value the company at about $100 billion, putting it ahead of the most-established traditional exchanges. And that’s by quite a margin! If we look at traditional exchanges, one of the more robust has been Hong Kong’s HKEX, which was strong enough to attempt a takeover of the London Stock Exchange last year. As of now, it’s market cap comes to a mere 75 percent of Coinbase’s pre-IPO price.

(Excerpt) Read more Here | 2021-03-23 15:17:47
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