Coinbase’s executive director sold 291.8 million dollars in shares on the day of his Nasdaq debut

Published:

19 April 2021 04:33 GMT

During its first day of public sale offer, the capitalization of the mayor’s cryptocurrency exchange platform in EE.UU. raise $ 99,600 million.

Brian Armstrong, executive director of Coinbase, the mayor of the cryptocurrency exchange platform and EE.UU., sold these paperbacks and a total of 291.8 million dollars and shares, and the debut of the company la Nacdaq. , information Reuters.

According to documents presented by the Commission on Bolsheviks and Values ​​estadounidense, Armstrong sold 749,999 shares in three lots prices ranging from 381 to 410.40 dollars per share.

The Coindesk portal, which specializes in blockchain and cryptocurrency, informs that interested parties and Coinbase investors are selling around 5,000 million dollars in actions during the first day of subscription.

Exitosa salida a bolsa

Coinbase's capitalization rises to $ 100,000 million in cash flow

During its first day of the Public Offering of Sale (OPV), the capitalization of the company will reach 100,000 million dollars, a figure that will rise at a determined moment.

The price of initial offer fue de 250 dollars by title, per the tender of Coinbase abrió at 381 dollars per share, which is translated into a market value of the company of $ 99,600 million.

After that, the price for taking action on his peak, surpassing the 429 dollars, raising the capitalization of Coinbase to 112,000 million dollars. Finally, a payday loan record has been recorded for the opening and current levels of Coinbase contributing $ 342 per capita

What is Coinbase?

Wall Street analyst states that cryptocurrencies tend to

Coinbase-Rapport – a total of 1,800 million dollars in the first quarter of this year, compared to the 1,300 million that will be generated by 2020, being valued at 68,000 million dollars last March.

It’s my mouth that forms a influenza group with Fidelity and Square, other players in the sector, as well as the Paradigm risk capital company, with the aim of making regulation more favorable to the ‘blockchain’ and the cryptocurrency industry.

Founded in 2012, Coinbase offers cryptocurrency and fiduciary exchange services, reaching more than 56 million customers in 100 countries. In total, on the platform, 50 cryptocurrencies are traded, including bitcoin.

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