Coinbase gets $250 reference price ahead of market debut
NY Post
Coinbase snagged a reference price of $250 a share ahead of its watershed stock-market debut on Wednesday.
The price set by the Nasdaq stock exchange would give the major cryptocurrency exchange a valuation of about $65 billion, according to reports — roughly eight times the $8 billion price tag it received in its last private fundraising round in 2018. It would also put Coinbase on par with New York Stock Exchange parent company Intercontinental Exchange, which was worth about $67 billion as of Tuesday’s closing bell.More Related News