Tag Archives: Coinbase hits $100 billion

Coinbase hits $100 billion, slips in landmark crypto listing

Coinbase Global Inc., a cryptocurrency exchange, soared above a $112 billion valuation in its trading debut on Wednesday, only to fall down below it, as Bitcoin dropped from record highs and tech stocks fell across the board. The huge valuation, which dwarfs more conventional financial firms like Intercontinental Exchange Group Inc. and Nasdaq Inc., is […]